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Gambling accounts for about 11% of Malta’s economy

Malta’s Gaming Authority Malta Gaming Authority (MGA) released financial data for 2017. The gambling sector brought directly to Malta €1.1 billion.

The island has a population of just 436,000, of whom 9,800 are employed in the gambling industry, which accounts for 11% of Malta’s economy. Malta collected €66.3m ($77.1m) in revenue from licence fees, gaming tax, and other fees and fines.

According to the report, “existing operators expect to increase their expenditure in Malta, in a range of around 8% to 13% per annum over the next two years, thereby further contributing to the growth, in particular, of the services, retail and real estate sectors”.

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