Tag Archives: AgiproNews

AgiproNews Italian View: Miseria… Italian betting faces new tax realities in 2019

Approving the Lega-5Star coalition ‘Budget Law’ on the weekend before Christmas, Italy’s Senate has delivered coal to betting stakeholders’ festive stockings, as a miserable 2018 closes its curtains. From 1 January 2019, Italian land-based and online gambling incumbents will have to undertake a number of quick adjustments to a new tax reality, as Lega-5Star seeks to collect circa €700 million …

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AgiproNews’ Italian View: October highs meet an autumn of disillusion

Italian betting and gaming continues to grow, but all incumbents face tough adjustments as the Lega-5Star coalition government maintains its hostile stance against the industry. October Data published by Agenzia delle Dogane e dei Monopoli (ADM) details a further record-breaking month for Italian online gambling. As the sector heads towards its upcoming Lega-5Star blanket ban on all forms of gambling/betting …

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AgiproNews’ Italian View: ISS study outlines complex make-up of Italian problem gambling

Published this October, the Italian National Institute of Health (ISS) study on Italian gambling has shed significant light on the realities of tackling problem gambling within Italy. Undertaking Italy’s first ‘epidemiological study’ on problem gambling trends, effects and triggers, the ISS surveyed 12,000 adults, representing the nation’s most comprehensive research on gambling trends to date. Presented to the Italian Parliament …

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AgiproNews’ Italian View: Serie A sponsorship reality contradicts Luigi’s tough narrative

The new Serie A season kicked off on 18 August, with Italian football clubs securing a reported €125 million in lead shirt sponsorship revenues. According to data collected by Italian sports business news source SportEconomy’s ‘football shirt sponsor index’, Serie A football clubs continue to grow their lead partnerships, which have grown year-on-year since 2015, when combined Serie A sponsorships …

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Russia 2018 breaks Italian wagering records despite no Azzurri representation

Italy’s Agency of Customs & Monopolies, the regulatory body for commercial industries’ has detailed that Italian consumers wagered approximately €466 million during World Cup Russia 2018. The wagering figure represents a new Italian sector record for a sporting event, despite Italy having no Azzurri representation at the tournament. The agency’s data goes against the pessimistic forecasts of a number of …

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AgiproNews Italian View: Betting skips Coalition bullet, but political circus hurts all stakeholders

Last week’s failure by Giuseppe Conte Italy’s Prime Minister-designate to form a government has been met with relief by Italian betting industry stakeholders, yet angst remains as Italy faces yet another constitutional crisis. Leading the right-wing populist coalition of the Lega Nord and Five Star Movement, the only parties capable of forming a government, Conte was blocked by Italian President …

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AgiproNews’ Italian View – Will policy changes deliver Italy’s next betting boom?

April has been a consequential month for all Italian betting stakeholders, as leading industry technology provider Playtech Plc, increased its market presence undertaking the €850 million outright acquisition of SNAITECH technologies and retail betting points. Thus far this 2018, it appears that Italian betting is finally moving forward, as the market proves its capacity for both foreign and domestic incumbents. …

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AgiproNews’ Italian View – Italy prepares for a summer of new faces  

This April, the Agenzia delle Dogane e dei Monopoli (ADM), the government body overseeing Italy’s gambling regulatory policy has published the list of new enterprises seeking to join the regulated Italian online gambling market. From a sports betting standpoint, out of the 45 applicants seeking to qualify for Italian online gambling licences, the two stand-out operators are legacy online bookmaker …

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AgiproNews’ Italian View – PokerStars enhances its position in record breaking March

March 2018 has been a fruitful month for Italian online casino stakeholders, setting a new industry revenue record of €60.6 million, Italy’s highest trading figure to date. The Stars Group’s Italian PokerStars property maintains its position as top Italian online casino securing a marketplace revenue share of 9%. However, PokerStars.it is closely followed by legacy casino incumbents Lottomatica and Sisal, …

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AgiproNews’ Italian View – Virtual Sports market is heating up

Italian engagement with Virtual Sports betting products is on the rise, as latest industry figures show that gross gaming revenues (GGR) have hit the €42 million. A traditional retail product, Virtual Sports has gained a positive uptake through online betting platforms, as Italian betting operators move to expand their betting content. In the first two months of 2018, bookmakers have …

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