Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy is gearing up to implement significant reforms in its gaming industry that will drastically reduce the number of iGaming operators. Industry experts suggest that these changes align with the government’s vision to make the sector more streamlined.
Key Points
- Anticipated reforms could see iGaming operators in Italy decrease from 81 to as few as 33.
- The recent tender for online gambling concessions attracted a significantly lower number of applications.
- New regulations include an upfront licensing fee of €7 million, marking a stark increase from €250,000.
- Operators will now be subject to a gross gaming revenue tax of 24.5% for sportsbooks and 25.5% for online casinos.
- Enhanced player protection regulations will be introduced, focusing on responsible gambling practices.
Why should I read this?
If you’re interested in the evolution of gaming regulations, particularly in a major market like Italy, this article underscores pivotal reforms that could reshape the iGaming landscape. Keeping tabs on these changes could save you from missed opportunities or insights in the rapidly evolving market.