Casa: Future PN Gov’t to Veto EU Gaming Tax

MP David Casa: Future PN Government to Block EU Online Gaming Tax

Malta’s Paceville, the heart of the island’s nightlife and gaming scene, was buzzing with the usual evening chatter. But tonight, the air was thick with something more – anticipation. Word had spread like wildfire among the local gaming community: David Casa, Malta’s MEP and Nationalist Party (PN) candidate, had dropped a bombshell. If elected, a future PN government would veto any EU online gaming tax proposals.

Casa’s Stance: A Boon for Malta’s Gaming Industry

Casa, a long-time advocate for Malta’s iGaming sector, has been vocal about the industry’s significance to the Maltese economy. With over 12,000 jobs and €1.2 billion in revenue generated annually, the online gaming industry is a powerhouse that Casa believes should be nurtured, not taxed into submission.

“Malta has always been a pioneer in the gaming sector,” Casa told Hot Malta in an exclusive interview. “We were the first to regulate online gaming, and we’ve since become a global hub. An EU tax would stifle this growth and drive businesses away.”

EU Tax Proposals: A Thorny Issue

The EU has been toying with the idea of a common consolidated corporate tax base (CCCTB) for some time now. While the proposal aims to prevent tax avoidance, it could also mean a significant tax hike for Malta’s iGaming companies. Casa argues that this would be detrimental to Malta’s economy and job market.

“Malta’s tax regime is one of the reasons why the gaming industry thrives here,” Casa explained. “To suddenly impose a higher tax rate would make us less competitive. We’d be shooting ourselves in the foot.”

Casa isn’t alone in his concerns. The Malta Gaming Authority (MGA) and local industry stakeholders have also expressed their reservations about the EU’s tax proposals. They worry that a higher tax burden could drive companies to relocate to more tax-friendly jurisdictions.

: Casa’s Pledge and the Road to MEP Re-election

Casa’s pledge to veto any EU online gaming tax proposals is a clear message to the gaming industry and the Maltese public. As he gears up for re-election as MEP, Casa is making it known that he stands firmly with Malta’s iGaming sector. But will his stance resonate with voters? .

For now, Paceville’s gaming enthusiasts can breathe a little easier, knowing that they have a champion in Casa. But the fight is far from over. As Casa himself puts it, “This is just the beginning. We need to keep the pressure on and make sure our voice is heard in Brussels.”