Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy’s new gaming reforms aim to significantly reduce the number of active iGaming operators in the country. The recent tender process by Italy’s Customs and Monopolies Agency (ADM) shows a marked decrease in applications, with expectations that operators will drop from 81 to as few as 33.
Key Points
- New gaming regulations aim to consolidate iGaming operators in Italy.
- The tender process revealed a drop in applicants from 93 to approximately 50.
- New regulations include a hefty upfront licensing fee of EUR 7 million.
- A gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos is introduced.
- Player protections will be strengthened, including self-exclusion options and spending limits.
Why should I read this?
These reforms are a big deal for the future of iGaming in Italy! If you’re in the industry or a player, understanding these changes can help you navigate the new landscape. With stricter regulations and fewer operators, staying informed is key. Don’t miss out on how this will reshape the gaming scene!