Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy is set to implement significant reforms in its iGaming sector, leading to a notable reduction in the number of operators. With the Customs and Monopolies Agency (ADM) finalising a new tender process, analysts suggest that the number of active iGaming operators could fall sharply from 81 to just 33. This shift is a part of the government’s strategy to consolidate the sector, reinforcing its long-term goals.
Key Points
- Italy’s online casino sector may see a reduction in operators from 81 to 33 due to new licensing regulations.
- The ADM’s tender process attracted only 50 applications compared to 93 in the previous round.
- The new licensing fee skyrockets to EUR 7 million, driving smaller companies away from applying.
- Operators now face a gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos.
- Strict requirements for player protection will be introduced to enhance responsible gambling measures.
Why should I read this?
If you’re into the iGaming scene, this article is a must-read! With Italy shaking up its regulations, the future landscape of online gambling is changing. Staying informed will help you understand how these reforms might impact both operators and players alike. Plus, who doesn’t want to be in the know about the latest in gaming regulations?