Tax credit aims to allow Ireland compete in the €100bn gaming industry

Global gaming industry is larger than movie and music industries combined

Ireland’s games sector was inhibited by the lack of access to reliable funding, which is available in neighbouring nations. Picture: iStock

The planned new tax credit for the digital gaming sector should allow Ireland us to catch up with other European countries, many of which already provide dedicated funding to support gaming companies industry experts have said.

In his Budget speech, Minister for Finance Paschal Donohoe said the digital gaming sector has seen exponential global growth in the past decade. "There are potential synergies with our established film and animation sectors to support quality employment in creative and digital arts in Ireland."