Tag Archives: AgiproNews

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

SBC News 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

SBC News 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  

SBC News 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 

SBC News 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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Italian bookmakers face cruel summer as ADM sanctions shop closures

SBC News Italian bookmakers face cruel summer as ADM sanctions shop closures

The Italian government has signalled no reprieve for embattled bookmakers, as it indicates that betting shops which have failed to pay their tax duties will be closed within the coming months. Last week, Marcello Minenna, the newly appointed Director-General of Italy’s ADM (customs and monopolies agency) begun discussions with Italy’s Guardia di Finanza (GDF – financial police unit) ‘establishing a …

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New ADM chief: Italy to keep strictest monitoring on gambling incumbents

SBC News New ADM chief: Italy to keep strictest monitoring on gambling incumbents

Marcello Minenna, the new Director-General of Italy’s Custom and Monopolies Agency (ADM), has issued his first public statement to licensed gambling incumbents. Appointed during national lockdown, Minenna takes charge of the agency governing Italian gambling. In his address, Minenna announced that the ADM would imminently move to form a new taskforce with the Carabinieri (federal police) targeting illegal gambling businesses. …

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Italian nightmare continues as MPs approve new turnover tax

SBC News Italian nightmare continues as MPs approve new turnover tax

To the dismay of licensed incumbents, Italy’s parliament has approved the introduction of an emergency ‘turnover tax’ on betting and virtual sports wagers. The publishing of last week’s state gazette confirmed that MPs had backed amendments introducing a new ‘temporary’ 0.5% turnover tax across all betting-related verticals – online, retail and virtual sports content. The turnover tax is introduced as …

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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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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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