Italy Gaming Reforms to Slash iGaming in Half

Italy Gaming Reforms to Slash iGaming in Half

Summary

The Italian government is set to implement significant reforms in the gaming sector aimed at reducing the number of iGaming operators from 81 to a potential 33. This initiative follows a recent tender which saw a sharp decline in applications, reflecting a push for a more consolidated and financially stable market.

Key Points

  • The number of iGaming operators in Italy may decrease significantly due to new government reforms.
  • Recent tender for online gambling concessions received only 50 applications, down from 93 previously.
  • New licensing fees have increased from EUR 250,000 to EUR 7 million, deterring smaller companies.
  • Operators will face a gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos.
  • New player protections will include measures for self-exclusion and monitoring gaming behaviour.

Why should I read this?

If you’re interested in the iGaming industry, this article covers a major shift in Italy’s regulatory landscape that could impact operators and gamblers alike. Knowing what’s happening with these reforms is key for anyone involved in gaming, whether you’re an operator or a player looking to understand the future of gambling in Italy.