Tag Archives: MEF

Brazil unveils First Economic Snapshot of an unsettled Bets Regime

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Brazil’s Ministry of Finance (MEF) has published the first economic insights into the country’s betting market under the nascent  ‘Bets’ regulatory regime, in effect since 1 January 2025. During Bets’ first quarter of regulated online gambling activity, Brazil raised R$21.5m (€4m) in regulatory fees from licensed operators according to datasets published by MEF, and made available to the public via …

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Pressure mounts on MEF to settle terms of Italian gambling land-based reforms

SBC News Pressure mounts on MEF to settle terms of Italian gambling land-based reforms

The Ministry of Finance (MEF) of Italy is being pressed to settle on terms to amend and modernise laws governing land-based gambling venues. The mandate forms part of the “Reorganisation of Gambling Decree”, authorised in 2023 by Prime Minister Giorgia Meloni, who sanctioned the first regulatory review of Italian gambling since 2011. Last year, the government began negotiations with the …

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Budget Law extends Italian gambling concessions as tax segments are adjusted

SBC News Budget Law extends Italian gambling concessions as tax segments are adjusted

Tax adjustments to specific gambling segments have been incorporated into Italy’s 2025 Budget Law, signed off by President Sergio Mattarella on 9 January. The provisions of the 2025 Budget Law have elicited both positive and negative reactions from Italian gambling stakeholders. The Budget confirmed the decision by the Ministry of Finance (MEF) to extend existing concessions for online gambling licences …

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Italy welcomes launch of new online gambling regime

Italy

Italy has officially launched a new licensing regime for online gambling concessions, completing phase-1 of the government’s reorganisation of the gambling sector in 2024. The final approval of Italy’s new licensing regime was documented via the EU’s Official Journal, authorising the Italian government’s procedure to award new nine-year licences for online gambling concessions. Submitted to the European Commission (EC) in …

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Malta opinion sees Italy delay yet guarantee regime change for online gambling

SBC News Malta opinion sees Italy delay yet guarantee regime change for online gambling

The European Commission (EC) has extended the ‘standstill period’ for Italy’s new tender for online gambling concessions until 18 November. The decision follows a ‘detailed opinion’ submitted by the government of Malta, raising concerns over the technical and compliance requirements for B2B businesses in Italy’s new licensing framework for online gambling. The Malta Gaming Authority (MGA) argues that Italy will …

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Italy to launch new licensing regime upon completing EC inspection

SBC News Italy to launch new licensing regime upon completing EC inspection

The launch of Italy’s new framework for online gambling concessions has entered its final legislative procedure under the supervision of the European Commission (EC). Recent proceedings saw the EC launch an open consultation on the technical rules of Italy’s new gambling licensing regime. As a member of the European Union (EU), Italy must notify the EC of any legislative projects …

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Stake.com says Ciao Italia with Idealbet acquisition

SBC News Stake.com says Ciao Italia with Idealbet acquisition

Stake.com has confirmed its acquisition of Baldo Line SRL, the operating company of Italian sportsbook Idealbet.it. Announced this morning, Stake.com will expand its European profile by acquiring the Italian ADM license of Baldo Line. A property of the Octavian Group, Baldo Line has operated the Idealbet.it sportsbook brand since 2012, abiding by the laws and market safeguards of the ADM, …

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Italy: ADM submits new gambling concessions framework for final review

SBC News Italy: ADM submits new gambling concessions framework for final review

Italy sees progress on the ‘reorganisation of gambling’, as ADM, the Customs and Monopolies Agency, enters the final legislative procedures to launch a new framework for online gambling concessions. On Friday, ADM filed the documentation of its new framework for online gambling concessions with the Treasury, which, alongside the Council of State, will provide a ‘binding opinion’ on ADM’s proposals. …

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ADM settles Italy’s betting rules on bonus management & palpable errors

SBC News ADM settles Italy’s betting rules on bonus management & palpable errors

ADM, Italy’s Custom and Monopolies Agency has confirmed that from 1 June, new rules will be applied on bookmakers’ bonus management and palpable errors. The update sees the Agency settle rules on two long-standing areas of dispute between Italian bookmakers and their customers that have existed since the market’s regulated launch in 2006. Rules will be upheld via a specific …

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Italy settles on €7m licences for online gambling concessions 

SBC News Italy settles on €7m licences for online gambling concessions 

The government of Italy has settled on the new framework of licences for online gambling concessions. A new structure for Italian online gambling concessions was published yesterday by Parliament’s Gazette as an amendment carried forward by the government’s ongoing ‘Reorganisation of Gambling‘ decree. Recognised as a principal objective of the planned overhaul of Italian gambling laws, the government seeks to …

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