Tag Archives: AgiproNews

Italy’s fiscal ministries ponder 1% betting turnover tax charge 

To the dismay of Italian bookmakers, Valentina Vezzali, Undersecretary for Sports, has secured a debate on the introduction of a fixed 1% tax on betting turnover. The Sports Minister is reported to have held a meeting with Italy’s fiscal ministries to examine a further tax rise on betting incumbents. In attendance were representatives of Italy’s Treasury and gambling regulator ADM …

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Italy: Points of conflict stand on path to gambling reorganisation 

Italian gambling has been notified of progress on the regulatory front, as state auditor Ragioneria dello Stato has approved the draft ‘reorganisation plan’ of the sector prepared by Italy’s Ministry of the Economy and Finance.  Securing its progress, the plan has been forwarded to the government, which will review proposed amendments to ratify a bill that will be designated to …

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Economic Ministry proposes new market safeguards to move Italian gambling forward 

Hope dawns for a much-needed reform of Italian gambling, as the Ministry of the Economy and Finance is reported to have taken charge of a ‘reorganisation plan’ to implement an overhaul of market safeguards.  Despite securing cross-party consensus during the close of 2021, Italian MPs failed to approve any gambling reforms to be adopted by Italy’s Budget Law for 2022. A …

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Italian sting implicates Malta businesses in money laundering network 

Italy’s federal police force has arrested 12 suspects connected to its ‘Operation Game Over II’ criminal investigation of illegal and mafia-associated gambling websites.  A dozen individuals have been charged on counts of criminal conspiracy to carry out the ‘fraudulent conveyance of assets’ through illicit online gambling businesses. Investigators cited that the suspects were processing illegal online wagers via websites belonging …

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ADM launches public information app to counter black market threats 

Italy’s ADM – Customs and Monopolies Agency – has announced that it will launch a new app to inform the general public of all necessary information related to licensed gambling operators (retail and digital).  Titled ‘Gioco Sicuro’ (Safe Play), the app will be launched this November on IOS and Android stores. The ADM has disclosed that the app will “allow …

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Benvenuto Freni… New Treasury appointment backs Italian gambling reforms   

A positive political outcome has dawned on Italian gambling as Federico Freni has been appointed the successor of Claudio Durigon as Undersecretary of Italy’s Economic Treasury.  Durigon, who had lobbied for gambling amendments to be reviewed as a measure of Italy’s next Budget Law, was forced to resign last month following controversial statements made in support of the fascist regime …

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Italian eyes on ADM’s judgement call on future concessions and licensing 

Italy’s Customs and Monopolies Agency (ADM) has confirmed that sports betting concessions will be extended until 31 October.  The decision was authorised following an ‘in-depth assessment’ taken by the Ministry of the Economy to ‘apply a reprieve’ on betting licences that were due to expire at the end of June. Last year, at the peak of Italy’s COVID-19 outbreak, the …

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Italian Gambling reawakens to a transformed landscape

Italy’s bookmakers and gambling venues have begun to reopen their businesses following more than a year observing the government’s strict lockdown orders enforced across all regions. Approved by Italian Health Minister, Roberto Speranza, from 31 May, 2000 gambling venues (bookmakers, arcades and bingo halls) were allowed to reopen across the regions of Friuli Venezia Giulia, Molise, and Sardinia. Further reopening …

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Italian gambling to protest extreme lockdown enforcements  

Workers of Italy’s embattled gambling sector are ‘united to make their voices heard’ to a new government, demanding that businesses be granted clarity on their prolonged COVID-19 suspensions.  Uniting under the banner of ‘Legal Gaming Workers’, staff of Italian licensed gambling firms will hold joint public protests at Milan’s Piazza del Duomo and Rome’s Piazza del Popolo on 18 February. …

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Betfair warns ADM of Italian exit should turnover taxes continue unadjusted 

Marcello Minenna, the new Director-General of Italy’s ADM customs and monopolies agency, has been urged to exclude horseracing and licensed betting exchanges from Italy’s new blanket 0.5% turnover tax increase which will be enforced across all wagering verticals – retail, digital and virtual sports.   Italian betting’s latest tax increase was authorised this summer after the Parliament approved a set of …

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