Italy Gaming Reforms to Slash iGaming in Half
Summary
The Italian online casino sector is poised for a major shake-up as new reforms aim to halve the number of iGaming operators. This consolidation is aligned with government efforts to streamline the industry while raising standards and improving player protection.
Key Points
- The Italian government’s reforms could reduce the number of iGaming operators from 81 to just 33.
- A significant increase in the licensing fee from EUR 250,000 to EUR 7 million is a major factor for reduced applications.
- Operators will face a gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos.
- New regulations will enforce strict player protection measures, including limits on spending and playtime.
- The reforms aim to ensure that only financially stable operators remain in the market, fostering a healthier gaming environment.
Why should I read this?
If you’re involved in the iGaming sector or simply a gaming enthusiast, this article sheds light on key legislative changes that could dramatically alter the landscape. With consolidated operators focusing on quality and responsible gaming measures, it’s crucial to stay informed!