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European Commission estimates proposed gambling levy could raise €13.3bn

Regulation

The European Commission estimates that a proposed 3% levy on online gambling gross gaming revenue could raise up to €13.3bn over seven years. The proposal forms part of discussions on the EU budget for 2028 to 2034 and would require a legislative process and member-state approval. The EGBA has opposed the plan, citing legal concerns and possible effects on licensed operators and national tax revenue.

The proposed levy could add an EU charge, but requires legislation and member-state approval.

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Regulation

EGBA complains to Bank of Lithuania over Walletto’s alleged gambling payment processing

The European Gaming and Betting Association (EGBA) filed a complaint with the Bank of Lithuania against payment provider Walletto, alleging that it processed payments linked to illegal online gambling operators serving European consumers. EGBA said its investigation identified transactions that suggested Walletto services had handled deposits on several unauthorised platforms. The association called for coordinated action by gambling and financial regulators, payment providers and card networks.

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