and supply chain issues have put growth estimates for Italy to only be around 3.4 per cent his year from a previous estimate of 4.4 per cent.
GAMBLING MARKET CHANGES
Gambling has been legal in Italy since 1948 which provided operators with a licence to operate, and the Legislative Decree No. 496 basically became the first piece of gambling legislation.
Gambling is monitored by the national gambling authority, Agenzia della Dogane e dei Monopoli (ADM), and land-based and online gambling are dealt with separately and divided into two categories.
Land-based gambling covers terrestrial casinos, AWPs, VLTs, sports and horse race betting, pool betting, bingo and the lotteries and lotto.
Online gambling covers sports and horse race betting, pool betting, virtual and live betting, slots, roulette and other casino games, poker, card games, games of skill, poker tournaments, bingo, betting exchange and online lotteries.
Te ADM regulates the games, issues licences, monitors gaming services, collects gaming taxes, and tackles illegal gambling.
Italy has been working on plans for a gambling reform for many years. Te industry is huge and although small steps have been taken along the
way to tidy up the clutter, major reform never really happened mainly due to changes in local governments.
Te only recent changes happened in November last year when the ADM introduced a new tracking app to help reduce illegal gambling whilst MPs failed to approve any gambling reforms that could have been adopted under the Budget Law for 2022.
Tis wasn’t deemed enough to help with the overload of gambling in the country and there have been calls to reduce the number of betting shops and bingo halls by at least half.
So in February this year the Ministry of WIRE / PULSE / INSIGHT / REPORTS P83
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