Greece’s governing coalition is reported to be considering reducing the tax on gaming revenue in hopes of attracting resort-scale foreign investment.
Athens-based daily I Kathimerini said the leftist Syriza government may introduce legislation taking aim at the current tiered tax structure, which scales upward to 37 percent, following a consultation among cabinet ministers.
Shortly after winning the 2015 general election the Syriza simplified the tax structure on online gaming with a fixed 35 percent levy on revenue.
Additional reforms, such as more streamlined licensing, may be in the offing for the land-based sector as well, the newspaper reports, in line with the government’s launch of competitive bidding for a resort casino on the site of the former Elliniko international airport outside Athens.