SectorWire
SearchRegister
MenuClose

Democratic Party criticises gambling measures in Italy’s 2027 budget

Regulation1 min read

The Democratic Party–Democratic and Progressive Italy group submitted an alternative report opposing Italy’s 2027 budget during the Chamber of Deputies Finance Committee’s review. It criticised proposed changes to gaming-machine stakes and tax, concession extensions, an extra weekly Lotto and SuperEnalotto draw, and debt relief for concessionaires.

Italy's Democratic Party–Democratic and Progressive Italy group submitted an alternative report opposing the 2027 budget and criticised its gambling provisions during a Chamber of Deputies Finance Committee review.

Article 23 would double the maximum stake and prize for the machines concerned and introduce a reduced 20% PREU tax rate for certain machines alongside an ordinary tax increase.

Article 29 would add a weekly draw for Lotto and SuperEnalotto, increasing opportunities to gamble.

Article 32 provides for settlement of concessionaires' outstanding debts through a reduction in the remaining amount and a waiver of interest under the provision's terms. The opposition group called for a rigorous public-interest assessment of the measure.

On concession extensions, the group called for an assessment of the public interest so that revenue protection would not take precedence over addiction prevention, protection of minors and vulnerable people, and reducing gambling's social and health costs.

Request a correction

Flag an issue

Keep reading

Regulation

Cardia criticises Italy’s 2027 budget treatment of retail gambling

Geronimo Cardia, president of Acadi-Confcommercio, criticised the proposed 2027 budget at the SiGMA World panel in Rome, saying it disadvantaged land-based gambling. He said retail generated 10,5 miliardi di euro of the sector’s 11,5 miliardi in tax revenue and employed 135mila workers; he also argued for regulating prediction markets.

Geronimo Cardia, president of Acadi-Confcommercio, spoke at a panel at SiGMA World in Rome. He described the budget as violent towards the territory. He also said the Prime Minister had announced a budget that did not target any type of product.

Continue reading