Italy approves reorganization decree for online gambling

Italy approves reorganization decree for online gambling

Article brief provided by SBC News
  • Ted Menmuir, SBC News
January 4, 2024 8:35 PM

Italy will undertake a sweeping reform of its online gambling laws in 2024, as the government approved the ‘Reorganisation Decree‘ mandate needed to settle long-standing industry conflicts.

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On Tuesday, the government declared that it had approved the terms of the Reorganisation Decree, as proposed by the Ministry of the Economy and Finance (MEF).

The Decree will see Italian gambling undertake its first regulatory evaluation since the market’s authorisation in 2011. The decree aims to protect players (especially minors), combat criminal activities, and increase tax revenue for government projects and social initiatives.

Key changes will see Italy adopt a new licensing framework which will apply a €7m authorisation fee for each online gambling licence.