Maltese Gaming Industry Thrives, Contributes 12.2% to National Economy in 2023

MissExposé

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The Maltese gaming industry continues to be a robust force in the country's economic landscape, contributing significantly to its growth and innovation. During the first half of 2023, the gaming sector added EUR 810.7 million to the country's Gross Value Added (GVA), making up 9.5% of the total and indicating a 1.1% growth compared to the same period in 2022. With a stable regulatory environment, evidenced by the Maltese Gaming Authority's approval of licenses to 335 companies, the industry maintained financial resilience, collecting EUR 41.2 million in license fees and compliance levies. As the sector anticipates further growth in 2024, driven by increased visits to local casinos and a commitment to innovation and social responsibility, it continues to play a pivotal role in shaping Malta's economic outlook.

Source: https://www.casinonewsdaily.com/blog/2024/01/16/maltese-gaming-industry-continues-to-drive-the-countrys-economy/
 
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