Italy Gaming Reforms to Slash iGaming in Half
Summary
Recent reforms in Italy’s gaming sector aim to significantly reduce the number of iGaming operators in the market. The government is pushing for a consolidation strategy, which evidences a major shift in the online gambling landscape.
Key Points
- The new legislation may cut the number of iGaming operators from 81 to nearly 33.
- Applicants for online gambling concessions have decreased from 93 to around 50 due to updated, stricter requirements.
- An upfront licensing fee for iGaming operators has increased dramatically from €250,000 to €7 million.
- New taxes include a 24.5% gross gaming revenue tax for sportsbooks and a 25.5% tax for online casinos.
- Measures for responsible gambling will require operators to spend a portion of their revenue on player protection initiatives.
Why should I read this?
If you’re interested in the future of online gambling, Italy’s overhaul is one to watch. It’s a bold move that could reshape the market, impacting everything from operators to players. By reading this, you’ll get the scoop on how legislation might affect your experience in the gaming world.