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Milton Friedman Institute warns Italy’s proposed PREU rise could shift gambling activity

Regulation

An opinion statement from the Istituto Milton Friedman argued that the proposed PREU increase would apply only to slot machines and VLTs, potentially shifting players towards other legal gambling segments and illegal offers. Executive director Alessandro Bertoldi said the measure could reduce tax receipts and lead to slot venues closing.

Regulators should assess whether a PREU increase limited to slots and VLTs could shift players toward illegal offers.

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Regulation

Gaming tax expert warns proposed Italian PREU increase could reduce revenue

Tax adviser Francesco Scardovi criticised a proposed one-percentage-point increase in Italy’s PREU on AWP and VLT machines during a SiGMA Central Europe discussion in Rome. He said machine revenues had fallen from €6.2bn to €5bn since 2018 and cited an initial €700m revenue target for the budget measure; the supplied article ends before giving the later estimate he was discussing.

Italy's 2027 budget law would raise the PREU levy on AWP and VLT gaming machines, a move tax adviser Francesco Scardovi warned could produce effects contrary to those the government expects. Scardovi, a tax lawyer and gaming specialist, spoke at SiGMA Central Europe in Rome during a discussion on the future of land-based gaming and AWP and VLT machines.

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