..., but only for those physically located in Malta. This effectively penalizes visitors to brick-and-mortar casinos.
At first glance, this new scheme of taxes will end up negatively affecting the native gambling industry of Malta, and will make it less competitive when compared to off-white casinos and bookies.
They should have stayed with their flat tax of five percent for all gambling activities within the country, at least on paper, it sounded fairer for all companies, regardless there were lotteries, bookies, or traditional casinos.
It gives me the impression the government of malta is either desperate for money or trying to put its own gambling industry in a disadvantageous position for some reason...