Italy’s government has been warned not to proceed with the ‘reorganisation decree of online gambling’ as proposed by the Ministry of the Economy and Finance (MEF). The demand was made by the Italian online gambling trade association Logico, hosting a press conference last week, expressing ‘unified concerns’ about key proposals endorsed by MEF to overhaul Italy’s stagnant online gambling laws. …
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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 …
Read More »Italian MPs urged to support gambling reforms as a Budget Law commitment
Italian gambling is waiting to see whether amendments to restructure the gambling sector will be incorporated as a policy measure of Italy’s next Budget Law. A draft proposal to ‘reorganise Italian gambling’ is reported to have been finalised by Claudio Durigon, the former undersecretary of the Economic Treasury. Yet, maintaining the bad luck tribulations of Italian gambling, Durigon was forced …
Read More »Foreign operators seek ADM reassurances on licensing extensions
Italy’s ADM customs and monopolies agency faces a series of legal battles with foreign-based online gambling operators unless Italy’s government provides reassurances to operators allowing for licence extensions. Confusion reigns within Italian igaming, following the Senate’s refusal to review two separate appeals to extend online betting, casino and bingo concessions for a further 18-months up to December 2022. Legal certainty …
Read More »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 …
Read More »Favourable Budget Law gives Italian horse racing new hope
After decades of decline, Italian horse racing has been thrown a lifeline in the form of the country’s latest Budget Law. Most notably, the turnover-based tax regime that has been so detrimental has been replaced by a new gross gaming revenue (GGR) tax. The GGR tax regime for horse racing is based on that already implemented in the sports betting …
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