Sports betting and gaming operator efbet has set about providing customers in Italy with the broad range of quality products that it has become known for across Europe. The biggest operator of its kind based in Bulgaria is now ready to serve Italian customers. It had received the green light to enter the market late last year from Agenzia delle …
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Di Maio’s man Giacomo Lasorella takes leadership of AGCOM
Italy’s DP-5Star coalition government has moved to restructure the leadership of federal advertising and communications agency AGCOM by confirming the appointment of Giacomo Lasorella as new President. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here The appointment of Lasorella has been branded as a further coalition victory for the ‘anti-establishment’ 5-Star Movement, as …
Read More »Italian bookmakers face cruel summer as ADM sanctions shop closures
The Italian government has signalled no reprieve for embattled bookmakers, as it indicates that betting shops which have failed to pay their tax duties will be closed within the coming months. Last week, Marcello Minenna, the newly appointed Director-General of Italy’s ADM (customs and monopolies agency) begun discussions with Italy’s Guardia di Finanza (GDF – financial police unit) ‘establishing a …
Read More »New ADM chief: Italy to keep strictest monitoring on gambling incumbents
Marcello Minenna, the new Director-General of Italy’s Custom and Monopolies Agency (ADM), has issued his first public statement to licensed gambling incumbents. Appointed during national lockdown, Minenna takes charge of the agency governing Italian gambling. In his address, Minenna announced that the ADM would imminently move to form a new taskforce with the Carabinieri (federal police) targeting illegal gambling businesses. …
Read More »Italian betting begs for mercy on final Revival Decree conditions
Italy’s 6,000 betting shops reopened this Monday (15 June) to yet another ‘new dawn’ facing the government’s additional 0.5% wagering tax applied across all betting-related verticals (retail, digital and virtual sports). The temporary GGR tax is calculated on betting turnover and will be combined with existing net betting duties of 20% for retail, 22% for virtual games and 24% for …
Read More »ADM reveals horror show March for Italian betting
Industry Q1 2020 figures published by Italy’s customs and monopolies agency (ADM) have depicted the grim reality of COVID-19 damages on Italian betting incumbents. Recording just 10 days of wagering activity during March, Italian betting recorded a near collapse across its retail and betting channels. ADM figures reveal that March online betting revenues (GGR) decreased to circa €49 million, representing …
Read More »Conte rescue plan eases tax burdens on Italian gambling
As Italy enters its fourth week of national lockdown, Italian gambling incumbents have been provided light relief by the government’s new economic measures. Prime Minister Giuseppe Conte has secured an initial €25 billion rescue package, aimed at primarily protecting company payrolls, mortgage repayments and commercial rents. Further measures see the government temporarily suspend tax duties for a number of ‘at-risk …
Read More »AgiproNews Italian View – Retail lockdown sees betting face months of trauma
Complying with the Italian government’s ‘Public Health Decree’ sanctioned on Sunday 8 March, Italian gambling has officially gone into lockdown. The country at the centre of Europe’s COVID-19 pandemic has seen all retailers ordered to temporarily shut apart from food stores and pharmacies, as PM Giuseppe Conte enforces the toughest public stance minimising the spread of the virus and its …
Read More »AgiproNews Italian View – New decade brings new tax landscape
Securing approval of its first Budget Law (passed on 24 December 2019), Italy’s new coalition government anticipates collecting a further €1.1 billion in taxes paid by gambling incumbents. A new decade begins with land-based operators adjusting to a new taxation framework, with the 5Star-DP coalition having sanctioned Italian gambling fourth set of gaming machine tax hikes in just over a …
Read More »Italy seeks to shrink its online gambling field by 2023
Tightening control of Italy’s online gambling marketplace, the 5Star-DP coalition government seeks to reduce the number of incumbents participating in the market by 2023. Attached to 5Star-DP’s first Budget Law decree, the coalition government seeks to reduce the total number of Italian online gambling licences to 50, from its current 85 concessions. The proposed revision has been communicated by Italy’s …
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