Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy is on the verge of a significant transformation in its online gaming sector as reforms aim to halve the number of iGaming operators. This shift, driven by the Customs and Monopolies Agency (ADM), seeks to consolidate the market, ensuring the survival of only the most financially robust entities while enhancing player protection.
Key Points
- The ADM’s recent tender process indicates a substantial reduction in active iGaming operators in Italy, possibly shrinking the number from 81 to just 33.
- The government is looking to streamline the sector, with a significant increase in licensing fees from EUR 250K to EUR 7 million.
- New regulations will impose a 24.5% tax on sportsbooks’ gross gaming revenue and a 25.5% tax on online casinos.
- Operators must allocate at least 0.2% of their gross gaming revenue to responsible gambling initiatives.
- There will be stricter player protection measures, including limits on deposits and playtime enforced by operators.
Why should I read this?
If you care about the future of online gaming in Italy, this article is a must-read! These reforms aren’t just numbers; they represent a fundamental change that could reshape the gaming landscape entirely. Stay in the loop to understand how these shifts might impact both operators and players in a rapidly evolving market.