The Malta Gaming Authority (MGA) has revealed that the gambling industry’s direct contribution to the Maltese economy grew to €1.1bn in 2017.

The MGA generated total revenue of €66.3m in licence fees, gaming tax and other administrative fees and fines in 2017, an increase of 6 per cent compared to the previous year.

The direct contribution of the gaming industry to the Maltese economy was valued at €1.bn for the year, an increase of 10 per cent and equivalent to around 11 per cent of the country’s total economic activity. This consolidated the gaming industry’s position as the third largest sector in the economy.

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