An Italian betting-industry commentary argues that tax reporting is making cryptocurrency betting transactions more traceable. It says exchanges registered with the OAM send tax authorities transaction details, while DAC8 provides for automatic information exchange based on data from tax periods starting in 2026.
Operators handling crypto-funded betting may face greater scrutiny of transaction flows and customer tax reporting.
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It was reported that Italy’s tax authority expects an €800m increase in gambling income. Non-lottery gambling licences generated €6.66bn in taxes and duties in 2025.
Italy’s Senate Finance and Treasury Commission rejected an amendment by senators Magni, De Cristofaro and Cucchi to raise the single tax rate on specified games by five percentage points. The proposal would have directed the additional revenue to the National Fund for Pathological Addictions; the bill was due for Senate consideration the following day, according to the report.
Ireland's government intends to require gambling firms to carry out due diligence on crypto-related transactions as part of new anti-money laundering rules. The report gives no further detail on the proposed requirements or a timetable.
It was reported that Illinois enacted Senate Bill 3019, adding a prediction-market transaction tax and increasing sports betting taxes. The first five million trades will attract a 1.75% tax.
Entain said the UK government’s announced increase in gaming machine taxes will add about £25 million to its annual costs, before any mitigating measures. The tax rate on gaming machines is due to rise from 20% to 25%, and Entain said it expects to take steps to reduce the effect on its results.
Entain has said it expects the UK government's announced increase in gaming machine taxes to add about £25m a year to its costs, before any mitigating measures are applied. The company, whose brands include Ladbrokes, Coral, bwin, Eurobet, Sportingbet and partypoker, said it was disappointed by the decision to raise the tax burden on the gambling sector.