Italy’s igaming revenue in November dipped slightly to €322.5m in the lead-up to the FIFA world Cup, down from October’s revenue of €331.1m.
Since pushing past the €300m barrier in September 2022, Italy’s igaming revenue has remained relatively stable, and though November’s revenue of €322.5m does represent a 2.6% decline month-on-month, this is still a 6.0% increase year-on-year. The decline was mostly consistent across all verticals, though sports betting’s decline of 4.3% was the biggest drop for November, with revenue of €126.3m
However, online sports betting still fared better than retail sports betting, which suffered a decline of 16.4% month-on-month, which is a decrease in revenue from €88.6m in October to €74.1m in November.
