Italy Gaming Reforms to Slash iGaming in Half
Summary
Experts predict significant changes in Italy’s online casino sector, potentially halving the number of iGaming operators due to new government reforms. These reforms aim to streamline and consolidate the sector, aligning with long-term governmental objectives.
Key Points
- The number of operators in the iGaming market could reduce from 81 to 33 due to a new licensing process.
- Recent tenders attracted only 50 applications, halving compared to previous years.
- New regulations include a EUR 7 million upfront licensing fee and gross gaming revenue taxes between 24.5% and 25.5%.
- Operators are now mandated to allocate funds for responsible gambling initiatives.
- Stricter player protection measures are being introduced to guard vulnerable groups.
Why should I read this?
If you’re interested in the future of iGaming, you won’t want to miss this! Italy’s reforms could reshape the market significantly, impacting everything from operator dynamics to player protections. Get the full scoop on what’s changing and how it could affect the industry.