Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy’s Customs and Monopolies Agency (ADM) has initiated reforms expected to halve the number of iGaming operators in the country. With a major licensing fee increase and stricter regulations on player protection, the aim is to consolidate the sector and enhance the quality of operators.
Key Points
- The number of iGaming operators in Italy is set to decrease from 81 to approximately 33.
- A new licensing fee has risen to EUR 7 million, discouraging smaller operators.
- Operators will face higher taxes based on their gaming revenue: 24.5% for sportsbooks and 25.5% for online casinos.
- Measures for responsible gambling include mandatory limits on deposits and gambling time for players.
- Stricter anti-money laundering and player protection regulations are also in the pipeline.
Why should I read this?
If you’re in the iGaming industry or just a keen observer, this article is a must-read! Italy’s sweeping reforms are about to shake up the entire market. Whether you’re an operator or a punter, understanding these changes can save you from making costly mistakes or help you take advantage of new opportunities.
Source: https://tgbstg01.wpenginepowered.com/news-italian-flag-26/