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Italy’s MEF reports €6.57bn in gaming and betting receipts for 2024

Regulation

Italy’s Ministry of Economy and Finance published 2024 budget figures showing €6.570bn in receipts from gaming and betting. The report also recorded €6.674bn in assessments and €6.774bn in final competence-based forecasts for gaming taxes and duties.

The figures provide operators and investors with a measure of Italy’s gaming-related state receipts in 2024.

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Friedman Institute urges Italian government to clarify gaming revenue plans

The Milton Friedman Institute asked the Ministry of Economy and Finance to clarify how the budget document's planned higher gaming revenue, equal to 0.03% of GDP in 2027 and 2028 and 0.02% in 2029, would be raised. It warned that further tax increases risk collapsing the land-based sector, which supports 145,000 jobs and generates about €11.5bn a year.

The Milton Friedman Institute has asked Italy's Ministry of Economy and Finance to clarify how the higher gaming revenue planned in the budget document for 2027-2029 would be raised. The institute said the Documento programmatico di bilancio (DPB) forecasts additional resources from gaming without specifying the legislative measures that would produce them.

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