Rumored French gambling tax hike not included in legislation
Monday, October 14, 2024 4:59 PM
Image aggregated from Next.io.
Speculation that France would hike its gaming tax has been proven wrong after the rumoured amendments did not appear in draft legislation.
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The 2025 Social Security Financing Bill was tabled in the National Assembly on 10 October, without including an effective hike in the country’s various gaming taxes.
It follows French financial publication Les Echos reporting earlier in the month the bill would include a plan to harmonise the social security contributions paid by the various types of gambling.
The contributions, which vary widely, sit on top of an additional patchwork of differing gross gaming tax rates, mean gambling in France is subject to an approximate 60% GGR tax.
This means France already has the highest gaming taxes of any licensed market in Europe.
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