Italy is located in the southern part of Europe occupying the Apennine Peninsula and some of the islands being Sicily and Sardinia. It is located neighboring France, Switzerland, Austria, and Slovenia in the northern side. By now, sports betting in Italy has under gone some kind of privatization. This blog will help you to understand the Italian legislation on gambling, list the best betting sites in Italy, enlighten the reader about the main regulating authorities, and indicate the types of sports betting allowed or prohibited in the country.
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Table of Contents
Summary of Key Events
History of Gambling Laws in Italy
Historical Overview
Historically the practice of gambling has been recorded to stretch to the era of the Romans in Italy. Although the foundation of the modem structure of the regulatory system was laid during the early part of the twentieth century. First of all, the gambling was tightly limited as most of the betting were considered unlawful. The break out was in 2006 as the Bersani Decree (Law Decree No 223/2006) liberalizes the horse-racing and sports-betting market both for domestic and international players. After the initial change, more modifications have already been made in order to open the market even more to bettors and operators.
Key Legislation Timeline
- 2006: The Bersani Decree commenced liberalization of the market to other forms of betting.
- 2009: Law No 88/2009 familiarizes one with the specifications of identification for the online gaming.
- 2019: Each type of gambling advertising and sponsorships is prohibited but not limited to the following.
- 2022: New changes implemented in years of decree number 145/2022.
Regulatory of Betting Sites in Italy
Autonomous Administration of State Monopolies
The primary regulatory body of gambling in Italy is the Autonomous Administration of State Monopolies (AAMS). It’s the role of the AAMS to grant licenses, oversee the gambling activities and make sure the operators stick to the law rules and regulation.
Customs and Monopolies Agency
The gambling sector is also managed by the Customs and Monopolies Agency (ADM), especially in the area of Internet bets. Finally, ADM regulates license and make sure that operators have met the legal hor requirements. Mobile application is available at their official website www. adm. gov. it which displays all the remote gaming concessionaires accredited in Italy.
Permitted and Prohibited Bets
- Legal Bets
- The legal betting types in Italy include but not limited to the following:
- As I have already mentioned, foreign Fixed-odds betting on sports events.
- Horse-race betting
- Games with numerical totalizers, or those involving counting (e. g. , Superenalotto).
- Lotto and traditional lotteries
- Marketing and promoting in non-sporting events example being the BET POP odyssey music festival.
- Betting exchange
Prohibited Bets
As mentioned earlier, there are variety of legal betting options available in Italy, however, there are still some bets that are strictly prohibited; especially those related to the minors or those that are not accompanied by proper identification checks.
Obtaining a Gambling License
Types of Licenses
As is the case with most countries, to provide betting services in Italy, one must be licensed by the ADM. Licensing is done on the first-come-first-served basis, and this is done during some licensing windows. Types of licenses include
- Remote gambling licenses
- Bingo hall licenses
- Sports betting licenses
License Fees and Duration
The fee structure that is charged for a gambling license is relative to the type and the period offered. For instance, the initial fee for online gaming license is 414000 EUR in 2006 for license renewal the recurrent amount is 46000 EUR annually. The licenses that have been recently given in the year 2023 will be expired in the year 2024 under normal circumstances unless any more regulations involving licenses are made.
Gambling Taxes in Italy
Taxes vary with the nature of gambling as operators are bound to the different taxes.
- 4. 0. 5% – 5% of the gross gaming revenue exclusively for sports betting
- that Casin. operator must pay 20% tax on the gross profits.
- The CGT is 11% flat rate for bingo.
- establishing 3% tax on poker tournament buy-in Omaha Hold’em poker, Omaha Hi/Lo poker, Texas hold’em poker and Seven-card stud poker games.
Best Betting Sites in Italy
If, for instance, you are interested in getting into betting for the first time, below are the three most reputed betting sites for Italy.
Mrplay
Mr. play has one of the best reputations not only in Italy but in the world as well. It has numerous sporting disciplines and numerous types of bets with fairly good coefficients. To ensure the customers are comfortable depositing and withdrawing their money, the platform allows numerous options.
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888sport
This company has a relatively simple to use the website and one of the fastest withdrawal options without any commission. They also claim to have good sign-up bonuses as well as promotions which is good news to any new customers.
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MrGreen
MrGreen, is a name that is quite familiar in the sports betting arena. It has excellent support to the customers, many methods for making a deposit, and high coefficients for numerous sports events.
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A milestone in Italian sporting history
Sport has been very popular in Italy right from the past, with cornerstone events.
- 1934: This year is the first time Italy takes home the FIFA World Cup.
- 1968: The UEFA European Championship to Italy.
- 1982: Yes Italy has won the FIFA World Cup another time.
- 2006: The awarding of the FIFA World Cup goes to Italy thereby making it their fourth victory.
- 2021: It results in victory of Italy in the UEFA European Championship once again.
Celebrating Italy’s Sports Stars
Italy holds a human treasure of several sportsmen/women who have greatly contributed and improved their respective disciplines.
- Paolo Maldini: The first football symbol, famous for his strong tackles.
- Francesco Totti: Being a play-maker famous for his loyalty to the team; AS Roma.
- Vincenzo Nibali: A multi-stage race winner in Grand Tours who also hails being one of the best cyclists across the globe.
Neighboring Countries Gambling Laws
France
France has very strict measures to govern gambling activities and the authority that oversees all gambling activities is the National Gaming Authority popularly known as ANJ. The country provides licences for different kinds of betting and gambling such as sporting events, and operations of online casinos.
Switzerland
Gambling activities in the Switzerland country are controlled by the Federal Gaming Board known in the local language as ESBK. The country permits the betting both of the on land and online gambling, but with laid down rules on fair play and or decency.
Austria
Legalities in concerned to gambling in Austria are controlled by the Federal Ministry of Finance. The country has a developed legal framework for the issuing of licenses for operations in the sectors of casinos and sports betting as well as lottery.
Conclusion
Sports betting in Italy is definitely an active and fast-growing segment for the country, which provides a wide variety of opportunities in this sphere for all the sides involved. Knowledge on the legal policies governing betting, or the best betting sites in Italy, and history of sporting in the country can always improve the experience.
FAQ: Betting Sites in Italy
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