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European Casino Association study estimates €20bn annual tax loss from illegal gambling

Regulation

A study commissioned by the European Casino Association and conducted by Yield Sec estimated that illegal operators generated €80.6bn in EU online gambling gross gaming revenue in 2024, compared with €33.6bn for the legal market. It estimated more than €20bn in lost tax revenue using an assumed EU-wide online gaming tax rate of 25%.

The study estimates substantial illegal-market activity and lost tax revenue, informing EU regulatory and licensing debates.

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