Italian igaming revenue rose year-on-year in April for the first time since November 2021. However, this figure was down month-on-month.
Italy’s igaming market revenue declined slightly month-on-month, at €292.2m [US$307.1m] in April compared to March’s €302.4m. This meant that revenue was up year-on-year for the first time in six months, after revenue came to €288.1m in April 2021.
This decline has been mostly driven by a 6.7% fall in online sports betting, with revenue now sitting at €118.9m: its lowest level since October 2021. This was still above the €103.6m recorded in April 2021, however.
Though online casino revenue remained stable, there were some interesting movements between operators within the market.