MGA reports rise in gaming industry contribution to Malta economy

The Malta Gaming Authority (MGA) has published its interim performance report for the period January to June 2017 detailing a rise in the gaming industry’s contribution to the Maltese economy which now stands at 12 percent.

The gaming industry represents the third largest sector in the economy which contributed an additional Euro 556 million or 10 percent in terms of gross value in the first half of 2017 compared to the same period 2016.

The gaming industry directly generated over 6,400 full-time jobs in the region, or 9,000 full-time jobs when including indirect employment.

Gaming tax revenue reached Euro 29 million in the first half of 2017, representing 5.5 percent of the total indirect tax intake of the Maltese Government.

The number of companies licensed in the Maltese jurisdiction stood at 282 in June 2017, growing by 6 percent from December 2016.

The full text of the 2017 Interim Performance Report can be accessed here