Italy proposes comprehensive reforms for gambling industry
Italy is proposing a new anti-mafia legislation that outlines reforms for the country's gambling industry, including guidelines for responsible gambling, stake and prize limits
A new gambling Bill, dubbed the "anti-mafia legislation", which aims to streamline Italy's "splintered" approach to gambling, is now before the parliament, laying out a new organisational structure for licensing, responsible gambling criteria and tax policies, among other things.
The proposals address stake and prize limits, staff training, self-exclusion and a ban on betting on amateur and junior sports.
The market in Italy is strong, with gross gaming revenue approaching €20bn ($22bn), and the optimistic timeline for approval of the Bill is a year, so any implementation will be in mid-2024 at the earliest.