Gaming Taxes

The gaming tax is differentiated according to the type of gaming/betting operations being undertaken, as follows:

• Class 1: € 4,660 per month for the first six months, and subsequently € 7,000 per month.
• Class 1 on 4 licensee: € 1,200 per month.
• Class 2: 0.5% on the gross amount of bets accepted.
• Class 2 on 4 licensee: 0.5% on the gross amount of bets accepted.
• Class 3: 5% of net takings, taken as revenue from rake, less bonuses, commissions and processing fees.
• Class 3 on 4 licensee: 5% of net takings, taken as revenue from rake, less bonuses, commissions and processing fees.
• Class 4: No tax for the first 6 months of operation, € 2,330 per month for the subsequent 6 months and subsequently € 4,660 per month for the entire duration of the licence. In addition, the Class 4 licensee shall pay a monthly tax of € 1,165 per month for every operator which is not in possession of relevant class licence and which is hosted and managed by it on its platform.

It is to be noted however, that the total amount of tax payable by any one licensee in respect of any one licence is capped at € 466,000 per annum.