EXPERTS WORLD NEWS Italian gambling sector told to prepare for “industry reorganisation” 1 month ago Iwo Bulski Post Views: 69 The Italian government has told the gambling sector to get ready for “industry reorganisation in the coming months”. The National Conservative coalition government under prime minister Giorgia Meloni has assigned treasury deputy Italo Volpe to oversee the initiative and “bring stability to the market”. Volpe will be joined by Sandra Savino from Silvio Berlusconi’s Forza Italia as a new undersecretary to review the gambling sector. The review will be carried out in the context of the 2023 Tax Reform Bill, which reviews federal VAT and income, business and pension taxes. Volpe told a conference in Rome: “A regulatory intervention in the market must be carried out: it is reasonable to assume that in the tax reform bill, there must also be a chapter dedicated to the gambling sector.” He said that a new general framework including rules for gambling venues, shop distances, opening times and problem gambling measures would be ready for April. However, he said a more complete six-to-12-month review would be needed to analyse the lack of market competition in the sector. Meanwhile, a possible positive change for gambling operators is the appointment of Roberto Alesse, the former chief of staff for civil protection minister Nello Musumeci, to replace Marcello Minenna as president of the customs and monopolies agency ADM. Minenna’s hard stance on gambling frequently saw the regulator act against the gambling sector, and the ADM’s attempt to halve the number of gambling concessions ended in chaos, with parliament having to intervene to order the ADM to extend licences until 2024. It was reported in December that the Italian government was also evaluating the possibility of partially lifting the ban on gambling sponsorships in football. Italy approved the ban back in 2018 but the Italian Football Federation (FIGC) has been calling for authorities to suspend it to allow money to flow into the body and clubs following the impact of the Covid-19 pandemic. The Milan-based Gazzetta dello Sport has reported that the federal government is considering reforms that would allow at least some betting companies to sponsor teams, including in Serie A. It notes that the ban is estimated to have cost Italian football clubs around €100m in potential sponsorship revenues. Source: focusgn.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: gambling law, Italia, reorganisation Continue Reading Previous Is the Issuance of Remote Licences Good for the Nigerian Gambling Industry?Next Ghana: NLA commissions four boreholes for Abotakyi community More Stories EXPERTS WORLD NEWS How has the gambling industry changed so far in 2023? The 7 biggest stories 4 hours ago Iwo Bulski EXPERTS UGANDA Everything You Need to Know About the Gambling Industry in Uganda 9 hours ago Szarlot EXPERTS The future of sports betting: AI-powered predictive analytics 1 day ago Samuel EXPERTS WORLD NEWS What does the UK’s involvement look like in African business today? 2 days ago Szarlot EXPERTS NIGERIA GamStop And Responsible Gambling in Nigeria 2 days ago Szarlot EXPERTS KENYA KRA gains more from gaming and betting collections 2 days ago Iwo Bulski EXPERTS KENYA Betting firms inflating sponsorships to avoid taxes 2 days ago Szarlot EXPERTS NIGERIA Is the Cryptocurrency Noise in Nigeria Gradually being Silenced? 3 days ago Samuel EXPERTS KENYA Kenyan Govt Invites Public Submissions in the Creation of National Lottery 3 days ago Szarlot CASINO WORLD NEWS Novomatic to debut its NOVOVISION CMS at GAT Expo in Cartagena 4 days ago Iwo Bulski EXPERTS KENYA Naira Marley advises Muslims to forget betting during Ramadan 4 days ago Samuel EXPERTS WORLD NEWS Record 2022 numbers for Playtech 1 week ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.