Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy is set to undertake major reforms in its online gaming sector, potentially reducing the number of iGaming operators from 81 to 33. The government’s move aims to consolidate and strengthen the industry, making it more financially stable.
Key Points
- The Italian government’s new regulations could halve the number of iGaming operators.
- Changes to licensing fees have deterred smaller operators from applying, with fees now set at EUR 7 million.
- Tax rates for online gambling will increase, with a gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos.
- The government aims to enhance player protections and responsible gambling measures.
- Reforms also extend to brick-and-mortar casinos, addressing the need for updated regulations.
Why should I read this?
If you’re involved in the iGaming industry or just curious about how regulations impact online gambling, this article is a must-read. Italy’s reforms could reshape the landscape, giving you insights into future trends and potential challenges.