The government is forecast to make a total of €37 million from tax revenues related to the country’s only licenced casino, the gaming and casino supervision commission said on Monday.

The commission revealed its forecast revenue in a note sent to parliament ahead of a planned discussion over its budget in the House finance committee later in the day.

Around €29m of that income is set to come from tax, €7m is made up of the annual licence fee, while the remainder is from smaller sources of income such as investigation and application fees.

The commission also forecast an income of €38.3m next year and €39.3m in 2027, with its income being deposited directly into the state’s consolidated fund and classed as income in the annual state budget.

As such, the commission requires state funding to operate, with this figure included under the tourism deputy ministry’s budget.

The commission’s budget is set to increase this year, with it having asked for €3.4m to cover its costs. This figure is up from its €2.7m budget in 2024.

Historical figures chart a steady course of increases in revenue for the state from casinos, with the commission having reported an income of €26.5m in 2023 and €18.2m in 2022.

The total amount the state has made in revenue from the casino surpassed €90m at the end of 2023.