Italy Gaming Reforms to Slash iGaming in Half
Summary
Recent reforms in Italy are set to halve the number of active iGaming operators in the country. This initiative aims to consolidate the online gambling sector and aligns with the government’s long-term objectives to create a more streamlined market.
Key Points
- The Italian government is reducing the number of iGaming operators from 81 to potentially 33.
- A tender process for online gambling concessions received only 50 applications, indicating a significant decline in interest.
- New licensing fees have increased drastically; from EUR 250K to EUR 7 million to apply for a concession.
- Operators must also adhere to a 24.5% and 25.5% gross gaming revenue tax for sportsbooks and online casinos, respectively.
- At least 0.2% of companies’ GGR must fund responsible gambling initiatives, adding a layer of corporate responsibility.
Why should I read this?
If you’re at all interested in the gaming industry, or just want to understand the shifts in regulation, this article pulls back the curtain on major changes in Italy’s iGaming landscape. The reforms not only affect operators but signal a broader trend towards consolidation and increased compliance, which could reshape how online gaming functions in Europe.