Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy is gearing up for significant changes in its online casino sector, with plans to shrink the number of iGaming operators drastically. The latest tender process by Italy’s Customs and Monopolies Agency (ADM) indicated a substantial reduction in applicants, reflecting a shift towards a more consolidated market.
Key Points
- Recent announcements suggest Italy’s online gaming landscape could see the number of active operators decrease from 81 to 33.
- The new reforms include an increase in licensing fees to €7 million and revised tax rates for operators.
- Stricter player protection measures are set to be implemented to align with modern standards.
- The government aims to ensure that stronger, financially stable companies dominate the iGaming market.
Why should I read this?
If you’re interested in the future of iGaming, these reforms in Italy are a big deal! By drastically cutting down operators and tightening regulations, the landscape is going to shift dramatically. Staying informed on these changes will help you understand how the market evolves and what it means for players and businesses alike.