Casinos Austria’s General Director Erwin van Lambaart has warned that the tax plans of the new federal government will leave the company’s smaller casinos exposed to the risk of going out of business.
As part of its budget consolidation, the new government has decided to increase betting tax from two per cent to five per cent from April 1, 2025, which is expected to generate an additional revenue of €50m. The government program also includes a 10 percent increase in gambling tax. The additional tax revenue from gambling for the public sector is to increase to €129m in 2026 and then to around €150m euros in 2027.