Italy Gaming Reforms to Slash iGaming in Half
Summary
Italy’s new gaming reforms are setting the stage for a significant shake-up in the iGaming industry. With the Customs and Monopolies Agency concluding its recent tender process, a major reduction in the number of operational iGaming operators is anticipated.
Key Points
- Italy’s iGaming sector may reduce from 81 operators to as few as 33 due to new regulations.
- The new tender attracted only 50 applications compared to 93 in the previous round.
- A hefty upfront licensing fee of €7 million has led to fewer applicants.
- Additional taxes include gross gaming revenue taxes of 24.5% for sportsbooks and 25.5% for online casinos.
- New player protection measures, including deposit and spending limits, are being introduced.
Why should I read this?
These changes are poised to dramatically reshape the landscape of Italy’s iGaming market. If you’re involved in the sector or just interested in gaming regulations, this article is a must-read. It’s all about being in the know when a significant transformation is taking place!