Italy Gaming Reforms to Slash iGaming in Half
Summary
Changes in the Italian online casino sector are set to significantly reduce the number of iGaming operators. The latest guidelines from Italy’s Customs and Monopolies Agency (ADM) will likely narrow the field down from 81 to around 33 operators, allowing the government to streamline and consolidate the sector effectively.
With the most recent concession tender attracting only 50 applications compared to 93 in the previous round, this reflects a significant tightening of entry requirements, including a massive upfront licensing fee increase to EUR 7 million.
Key Points
- Italy’s reforms aim to reduce the total number of iGaming operators, possibly from 81 to 33.
- The latest tender saw only 50 applications, indicating a shift in the market dynamics.
- New rules include an upfront licensing fee increase from EUR 250,000 to EUR 7 million.
- Operators will face a gross gaming revenue tax of up to 25.5% along with annual fees.
- Increased requirements for player protections and responsible gambling measures are also in place.
Why should I read this?
If you care about the future of iGaming in Italy, you’ll want to get clued up on these changes. This isn’t just the usual regulatory mumbo-jumbo; it’s a major shake-up that could reshape the entire industry landscape. Knowing what’s at stake can save you from getting caught on the wrong side of these new rules!