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EU Gambling Tax Sparks Economic Clash | Europe News
Description
The EU is eyeing a 3% tax on online gambling to fund its massive 2 trillion euro budget, with former England goalie Peter Shilton—himself a gambling addict who lost over a million pounds—advocating for it. But Malta, whose economy relies on the sector (12% of GDP), fiercely opposes it, warning the tax could collapse their industry. While France backs the levy, other Mediterranean nations resist, and Malta’s PM vows not to accept EU-level gambling taxes. Shilton dismisses their objections as “window dressing,” calling the move vital for public health and defense spending. With 27 member states to align, this clash between economic survival and social responsibility remains unresolved.
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