Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy’s latest reforms are set to dramatically cut the number of iGaming operators in the country, significantly reshaping its online casino landscape. With new regulations introduced, experts suggest that this consolidation aligns with the government’s long-term vision to streamline the sector.
Key Points
- Italy’s Customs and Monopolies Agency (ADM) has concluded its recent concession tender process, indicating fewer applications this time.
- The number of iGaming operators could be reduced from 81 to 33 due to the stricter requirements imposed.
- The new measures include a substantial upfront licensing fee of EUR 7 million, aimed at ensuring that only financially stable entities operate.
- Additional tax changes include a gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos.
- Operators must allocate at least 0.2% of their GGR to responsible gambling initiatives.
Why should I read this?
If you’re interested in the evolving gambling landscape, this is a must-read! These reforms in Italy represent a major shift that could influence other markets as well. Stay ahead of the curve by understanding how these changes could affect both operators and players in the iGaming sphere.