Is gambling legal in Italy? Hm, for you who are tourists must be wondering about this question. Gambling has been popular in Italy for ages and has taken different forms.
Its history may be related back to the Roman Empire, when the predecessor of modern backgammon, Ludus Duodecim Scriptorum, became famous among Roman legionnaires. It is also because to them that the game has spread to other countries in dollarpe.
Is Gambling Legal in Italy?
Gambling, betting, and lotteries are all legal in Italy. To operate them, providers must get a state-issued gambling license.
The total amount wagered in the Italian gambling market in 2020 is expected to be around 88 billion dollars, a significant decrease from 2019 due to the impact of the coronavirus (COVID-19) outbreak.
Gambling establishments, betting shops, and casino halls were forced to close for several months that year as the country imposed emergency measures to stop the spread of the virus.
As a side benefit of these closures, the gambling industry’s gross gaming revenue (GGR) in Italy fell to around 13 billion dollars in 2020, the lowest level since 2015. The GGR, or profits generated by game providers, is the difference in the amount gambled and the total amount won by the player.
The kinds of games generating the largest GGRs in the Italian gambling market in 2020 were amusement with prize (AWP) slot machines, video lottery terminals (VLTs), and skill with prize (SWP) gambling machines.
The Gambling Law in Italy
Gambling is banned in Italy by criminal law, whether it is organized in a public venue or a private club. At the same time, there is a distinction between games of chance and games where the outcome is determined by the player’s skill.
Sports betting, lotteries, and a few other activities are examples of legal and controlled gambling.
Only the state has the authority to legalize gaming. The AAMS (Amministrazione Autonoma dei Monopoli di Stato, or Autonomous Administration of State Monopolies) has been given the power to issue permits and regulate many areas of gambling. Fines and jail are possible penalties for breaching the law.
Italy has progressed from outright outlawing all forms of gambling to legalizing some of them under certain conditions.
The fundamental reason for the Italian government’s adherence to rigorous standards has been a desire to avoid the industry’s potential harmful repercussions.
Online Gambling during COVID-19 in Italy
While the Italian commercial gambling market lost more than seven billion dollars in GGR as a result of the outbreak, online gambling grew in popularity during the health crisis. Because they were forced to stay at home during the national lockdown, Italian gamblers turned to online gaming.
The total amount wagered in the Italian online gambling market in 2020 was more than 49 billion dollars, representing a stunning annual rise of 13 billion dollars. Similarly, this sector’s GGR peaked at roughly 2.7 billion dollars.
Overall, online card games and fixed odd games had the largest growth in gross gaming revenue, while sports betting had the second-highest GGR of the Italian online gambling sector in 2020.
Sports Betting in Italy
Despite a reduction in soccer wagers in Casino Italy in 2020 compared to the previous year, the sport continued to dominate the Italian betting industry.
In 2020, bettors wagered 9.7 billion euros on soccer matches, over six times the amount gambled on tennis.
The Serie A championship received the most bets on soccer that year, followed by the UEFA Champions League and the English Premier League. In terms of retail market, Campania was the Italian region with the most money wagered on soccer in 2020.
Meanwhile, in terms of the whole online sports betting business, Lottomatica has the largest market share in Italy as of July 2021. You should try login pkv which provides many advantages.
Then, is gambling legal in Italy? The answer is legal for such sports books, lotto, and other activities which are under government control.