Italy Gaming Reforms to Slash iGaming in Half
Summary
The recent reforms in Italy’s online casino sector aim to drastically reduce the number of iGaming operators. This follows the country’s Customs and Monopolies Agency’s new tender process, which could see operators halved from 81 to possibly just 33, as the government seeks to streamline and consolidate the sector.
Due to heightened entry requirements, including an increased licensing fee from EUR 250K to EUR 7 million, many smaller companies are opting out of the market. This new approach focuses on supporting financially stable entities with improved technology and higher standards, ensuring a healthier, more controlled gaming environment for consumers.
Key Points
- Italy’s iGaming market may see operators reduced from 81 to just 33 due to new government reforms.
- The Customs and Monopolies Agency’s recent tender attracted significantly fewer applications compared to previous years.
- A substantial increase in the licensing fee aims to filter out smaller, less stable operators.
- New requirements include player protection measures and a gross gaming revenue tax for operators.
- The reforms reflect a broader governmental approach to ensure responsible gambling practices and better operator standards.
Why should I read this?
If you’re keen on understanding the shifting landscape of iGaming in Italy, this article offers invaluable insight into the government’s strategy to create a more sustainable and responsible gaming environment. Stay ahead of the curve with these important changes that could have widespread implications for the industry!