On January 9, 2025, President Sergio Mattarella ratified Italy’s 2025 Budget Law, which includes the extension of tax concessions for the gambling industry. This legislative move has garnered mixed reactions from stakeholders within the Italian gambling sector. Online Gambling License Extensions The Ministry of Finance (MEF) has prolonged existing online gambling licenses for an additional fiscal year. This extension allows operators to continue their activities under current licenses before transitioning to a newly established licensing system. The forthcoming framework mandates a €7 million authorization fee and imposes operating fees of 3%. Land-Based Gambling Venue Concessions Concessions for land-based gambling establishments, initially set to expire in December 2024, have been extended by two years. This extension provides the government with additional time to reorganize regulations concerning retail betting, horse racing, bingo, and gaming machines. Transition to New Licensing Regime The new online gambling licensing framework was officially launched on December 19, 2024, following approval from the European Commission. Current license holders… Read More

Category: News 

Source: Casino News Daily