Italy’s Budget Committee rejects proposed sports betting tax changes
Italy’s Chamber of Deputies Budget Committee opposed an amendment proposing a 21% tax rate on fixed-odds retail sports bets and 25% on online bets. The proposal would have allocated at least €13 million a year to women’s football and measures against gambling addiction; the government undersecretary and committee said the costs lacked adequate quantification and funding.
The rejected proposal would have changed tax rates and earmarked betting revenue for specified causes.