As responsible manufacturers and operators, EUROMAT’s members already pay a considerable amount of corporation tax, employment and social security contributions as well as gaming related taxes.
EUROMAT believes that when policymakers consider taxation in respect of gaming entertainment they need to respect the following principles:
- Avoid discrimination between distribution channels:
Our members want to compete on a level playing field with competitors, but unfortunately there is an increasing trend towards tax treatment which unfairly favours online operators with lower tax rates.
- Avoid over-burdening responsible land-based businesses:
Bricks and mortar businesses like EUROMAT’s members are easy to tax and for this reason often suffer from over-taxation. However, there is an inevitable cost to this. We know from our research that while gaming related taxes have increased substantially since 2007 the installed base of gaming machines and overall employment in the sector has fallen.