{"id":228948,"date":"2026-05-29T12:37:58","date_gmt":"2026-05-29T15:37:58","guid":{"rendered":"https:\/\/igamingbrazil.com\/nao-categorizado\/2026\/05\/29\/the-european-unions-billion-dollar-plan-envisages-the-creation-of-a-tax-on-online-betting\/"},"modified":"2026-05-29T14:13:13","modified_gmt":"2026-05-29T17:13:13","slug":"the-european-unions-billion-dollar-plan-envisages-the-creation-of-a-tax-on-online-betting","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/legislation-en\/2026\/05\/29\/the-european-unions-billion-dollar-plan-envisages-the-creation-of-a-tax-on-online-betting\/","title":{"rendered":"The European Union&#8217;s billion-dollar plan envisages the creation of a tax on online betting"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In order to finance a <strong>budget estimated at almost \u20ac2 trillion between 2028 and 2034<\/strong>, the <a href=\"https:\/\/commission.europa.eu\/index_pt\">European Commission<\/a> is actively working to <strong>find new sources of revenue.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">As part of a <strong>broad economic package<\/strong> that aims to even pay the <strong>costs of debt generated in the post-pandemic period<\/strong>, the bloc suggested <strong>implementing a tax on online betting.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">The council&#8217;s financial strategy is to <strong>charge a 3% tax on the net revenue of online gaming operators,<\/strong> which would inject<strong> around \u20ac1.9 billion every year into the public coffers.<\/strong><\/p>\n\n<h2 class=\"wp-block-heading\">What are the diplomatic barriers against tax on online betting<\/h2>\n\n<p class=\"wp-block-paragraph\">The path to<strong> full validation of the measures<\/strong> promises to be <strong>long and politically exhausting.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">The main institutional obstacle is that the<strong> fundraising package requires the unanimous approval of all 27 governments that make up the European bloc.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">In the specific gaming scenario, the biggest resistance is already widely known: <a href=\"https:\/\/igamingbrazil.com\/en\/event-coverage-en\/2026\/04\/28\/betconstruct-ai-will-showcase-full-igaming-portfolio-at-sbc-summit-malta-2026\/\">Malta.<\/a><\/p>\n\n<p class=\"wp-block-paragraph\">The country has an <strong>economy that is heavily dependent on the <a href=\"https:\/\/igamingbrazil.com\/online\/2024\/03\/11\/o-que-e-igaming\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"igaming\">iGaming<\/a> sector <\/strong>and must fight diplomatic battles to <strong>prevent the advancement of this taxation.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">The <strong>European Council, <\/strong>currently <strong>led by Cyprus<\/strong>, has the difficult task of<strong> presenting revised numbers soon to try to reach a consensus.<\/strong><\/p>\n\n<h2 class=\"wp-block-heading\">Tech and cryptocurrency giants will also share the burden of the bill<\/h2>\n\n<p class=\"wp-block-paragraph\">The document discussed in the European Parliament <strong>goes beyond the entertainment sector and plans to raise up to \u20ac13.3 billion across all fronts.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Large technology companies are at risk <\/strong>of being <strong>taxed at 3%<\/strong>, which could generate <strong>\u20ac5 billion annually.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">The great financial fear, in this case, is <strong>retaliation from the United States<\/strong>, as the<strong> largest share of this cost would fall on American companies.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">Finally, the block intends to<strong> increase rigor in the cryptoactive segment.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">There is a <strong>projection of gains of between \u20ac3 and \u20ac4 billion per year with a 0.1% charge on daily transactions,<\/strong> added to up to an <strong>extra \u20ac2.4 billion originating from direct taxes on capital gains in the digital market.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to finance a budget estimated at almost \u20ac2 trillion between 2028 and 2034, the European Commission is actively working to find new sources of revenue. As part of [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":228887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3130],"tags":[17981,3060,20846],"class_list":["post-228948","post","type-post","status-publish","format-standard","has-post-thumbnail","category-legislation-en","tag-european-union","tag-online-bets","tag-tax-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The European Union&#039;s billion-dollar plan envisages the creation of a tax on online betting - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"The council&#039;s financial strategy is to charge a 3% tax on the net revenue of online betting operators.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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