Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy is set to revisit its online gaming sector with reforms that are likely to halve the number of iGaming operators. The government’s consolidation plans are aimed at creating a more streamlined and robust market.
Key Points
- Italy’s Customs and Monopolies Agency has reduced the number of applications for online gambling concessions from 93 to around 50.
- The number of active operators may decrease from 81 to as low as 33.
- New regulations include a significant increase in licensing fees to EUR 7 million from EUR 250,000.
- Tax rates are also heightened, with new tariffs for sportsbooks and casinos introduced.
- Stricter player protection measures aim to safeguard vulnerable groups and modernise regulations.
Why should I read this?
If you’re keen on the evolving landscape of online gaming, Italy’s upcoming reforms represent a seismic shift that could influence iGaming operations across Europe. Stay ahead of the game by understanding how these changes might impact operators, players, and the industry as a whole.