EU resolution calls for investment in video games and esports
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The European Parliament’s Committee on Culture and Education (CULT) unanimously adopted a resolution that proposes a vote on whether or not the European Union should develop a long-term video game strategy. This legislation could fundamentally change the future of the video games and esports industries on the continent.
CULT is asking the wider European Parliament to increase the number of video game productions in Europe through more funding. In 2022, the Creative Europe program allocated €6 million to fund video game productions, but CULT said this was insufficient.
It’s not clear if the EU will also consider tax breaks in exchange for companies creating or expanding game companies in the territory. Other countries — such as Australia and Canada — do provide these incentives. However, it’s clear that if the EU does not make itself more hospitable for game companies, those companies may seek these incentives somewhere else.
Similarly, CULT argued that the European game industry was chronically struggling with a talent shortage. They see this as particularly problematic because the games industry is reliant on innovation. To develop talent — both for the games industry and Europe as a whole — the resolution insists that video games should be explored as a teaching tool.
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On an economic level, COVID showed the Members of European Parliament (MEPs) the value of the video game industry. It was the only
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