Italian court rejects bookmaker’s claim over illegal-market competition losses
An Italian court rejected a betting concessionaire’s claim that public authorities should compensate it for lost profitability, including losses it attributed to illegal gambling networks. The court held that the difficulties described remained within the normal operating risk of a concession and did not qualify as exceptional, unforeseeable events.
The ruling indicates that concessionaires may bear losses linked to illegal-market competition as part of their operating risk.