Tag Archives: 5Star

EGBA orders Italy to explain planned licensing reduction 

Maarten Haijer, Secretary General of EGBA

The European Gaming & Betting Association (EGBA) has issued a notification to the European Commission demanding that Italian authorities explain why they have published a draft law proposal seeking to reduce the number of online gambling licences by two-thirds. A reduction of online gambling licences had been initially proposed by the former 5Star-DP coalition government, as a draft measure attached to …

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AgiproNews Italian View – New decade brings new tax landscape

SBC News 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 …

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Italy seeks to shrink its online gambling field by 2023

SBC News 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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Italy’s new coalition hikes taxes again on machine revenues

SBC News Italy's new coalition hikes taxes again on machine revenues

No respite will be offered to Italian gambling incumbents, as the newly installed 5Star-DP coalition government confirms the fourth set of tax hikes on gaming machines sanctioned over the past year. Inbound with 5Star-DP’s first ‘Budget Law’ decree, Italian gambling faces an increase in video lottery terminals (VLT) turnover tax to 9% – formerly set at 7.9%. Meanwhile, arcade operators …

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Italy calls for toughest stance governing gambling transactions

SBC News Italy calls for toughest stance governing gambling transactions

Italian gambling incumbents are set to undertake further market adjustments, as the new 5Star-DP coalition government publishes the draft decree of its planned ‘Budget Law’. Following on from 2019’s gambling advertising ban established by the former Lega-5Star coalition government, in 2020 Italy will move to establish new payment processing laws and operator AML registry. New fiscal provisions introduced to the …

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AgiproNews Italian View – Can DP make sense of Italian gambling

SBC News AgiproNews Italian View – Can DP make sense of Italian gambling

“Action against problem gambling will be reinforced” – proclaims the new program of the ‘centrist left’ coalition cabinet led by Prime Minister Giuseppe Conte, formed by the 5Star Movement and Italy’s Democratic Party (DP). Following intense debate and opposition by former coalition incumbent Lega, Italy avoids thus far a further constitutional crisis, as Rome’s lower house approves the formation of yet another …

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AgiproNews Italian View: AGCOM faces coalition collision over Decree criticism

SBC News AgiproNews Italian View: AGCOM faces coalition collision over Decree criticism

AGCOM, Italy’s communications and media authority has written a letter to the Lega-5Star coalition government stating that the Dignity Decree ban on gambling advertising should be formally reviewed. As the regulatory department tasked with monitoring licensed incumbents advertising behaviour under the Decree’s regime, AGCOM governance has warned Lega-5Star that its ban on gambling advertising is ‘unconstitutional and incompatible’ with Italian …

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AgiproNews Italian View: News tools see betting deliver a standout May…

SBC News AgiproNews Italian View: News tools see betting deliver a standout May...

This May was a breakthrough month for the Italian betting sector as a reported GGR of €134 million (+45% on 2018 figures) was generated by its betting incumbents. Driven by strong football betting on Serie A’s closing schedule, and the UEFA Champions League Final, a total turnover of €1 billion was reported across retail and online betting verticals. Some good …

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AgiproNews Italian View: Can new faces commit to Italy’s hazardous playground

SBC News AgiproNews Italian View: Can new faces commit to Italy's hazardous playground

Amid a frantic Italian gambling scene, in which its incumbents make drastic adjustments to a new tax regime and tougher regulatory demands imposed by the Lega-5Star coalition government, this February Italy’s ADM published its updated online licensee registry. In 2019, Italy’s online gambling marketplace will accommodate 66 licensed operators, as the Italian tax authority secures €13.2 million in licensing concessions, …

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Lega-5Star ‘ready to move’ on amateur sports wagering blackout

SBC News Lega-5Star 'ready to move' on amateur sports wagering blackout

Speaking to national media, Lega MP Giancarlo Giorgetti – Italy’s current undersecretary for sports – has stated that the Lega-5Star coalition government will likely implement a ban on amateur sports wagering. Giorgetti underlines that Lega-5Star’s ‘Dignity Decree’ mandate on reforming Italian society has solely impacted betting/gambling operators at a market level, but that tougher policies are needed to wipe-out sports …

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