Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy’s latest gaming reforms are set to significantly decrease the number of active iGaming operators in the country. Experts suggest this consolidation is part of the government’s wider strategy to streamline the online gaming sector, making it more robust and financially stable.
Key Points
- The recent tender process for online gambling concessions saw a drop from 93 operators to around 50 applications.
- The number of iGaming operators could reduce to just 33 from the current 81.
- The new licensing fees have been raised dramatically to EUR 7 million, prompting many smaller operators to withdraw their applications.
- New taxes on gross gaming revenue will impact the financial landscape for online casinos and sportsbooks.
- Stricter player protection measures are being introduced, focusing on responsible gambling practices.
Why should I read this?
If you’re interested in how regulatory changes can shake up the gaming industry, this article is a must-read! With Italy’s reforms poised to alter the iGaming landscape, understanding these changes will help keep you ahead in the gaming space.