Submitted by admin on Tue, 10/05/2016 - 15:32
It's a very exciting time in the Italian gaming market with the recent and upcoming regulatory changes accompanied with the new licenses that might lead to an earthquake in the market.
What happened in the first months of 2016?
The new year started with a new tax regime for sportsbetting and poker tournaments. Both games switched from a turnover based tax regime to a GGR tax regime. In particular, sportsbetting is now benefitting from an 18% GGR tax regime in case of land based sportsbetting and 22% GGR tax regime in relation to online sportsbetting. At the same time, poker tournament, skill games, fantasy sports and eSports are now subject to a 20% GGR tax regime.