Italy Gaming Reforms to Slash iGaming in Half
Summary
Recent gaming reforms in Italy aim to significantly reduce the number of iGaming operators. This consolidation is seen as part of the government’s strategy to streamline and enhance the sector’s viability.
Key Points
- The Italian government’s measures could cut the number of active iGaming operators from 81 down to 33.
- Newly introduced licensing fees, now set at EUR 7 million, discourage smaller operators from entering the market.
- Annual gross gaming revenue tax rates for sportsbooks and online casinos have been raised to 24.5% and 25.5%, respectively.
- Operators will be required to allocate at least 0.2% of their revenue to responsible gambling initiatives.
- Stricter player protection measures are being implemented, including limits on spending and self-exclusion options.
Why should I read this?
If you’re involved in iGaming or just interested in the future of online gambling in Europe, you should definitely check this out! The changes happening in Italy could transform the landscape and impact businesses significantly. We’ve done the heavy lifting for you – just hit the link to get the full scoop!