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Giotto says Italian eSports betting offer awaits regulatory opening

Regulation

Giotto chief executive and co-founder Luigi Ughi said the company has developed and tested an eSports betting schedule based on disciplines linked to federations. He said Giotto cannot offer it to betting companies in Italy without regulation and called for ADM to open the market to the product.

An ADM decision could determine whether Giotto can offer its federation-based eSports betting product to Italian operators.

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ADM says games and tobacco account for about one billion euros in 2027 revenue

ADM director-general Roberto Alesse said the government had asked the agency to contribute about one billion euros in tax revenue from public gambling and tobacco for 2027. He said the amount had been included in the budget bill, which still required approval.

Roberto Alesse, director-general of Italy's ADM, said the agency had given the government what it asked for. He put the resulting tax revenue at about one billion euros for 2027 alone, coming entirely from public gambling and tobacco. Alesse added that the sum had entered the budget bill through the agency's contribution, and that the bill still has to be approved. He spoke at the Urania Policy & Business Forum, held in Rome the previous day.

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