The laws governing gambling in Italy are considered fairly flexible compared to other European countries’ laws. In 2006, Italy introduced laws that allowed companies to provide various betting options in retail stores and via the Internet. It was the time that a significant number of countries that belong to the European Union were focused on taking measures to limit gambling on their own territories.
Italy has made a number of modifications to its legislation regarding the issue. The 2011 amendments granted licenses to gambling and poker. This led to a wide range of kinds of gambling options being provided to residents through a variety of licensed sites.
The current Italian legislation distinguishes games of luck and those of skill. Additionally, lotteries, betting on sports, and other games are legally regulated, controlled, and legalized. In contrast, gambling, regardless of whether it is conducted in a public location that is open to the public or in a private club, is deemed to be illegal. The authority to issue licenses and regulate other gambling issues is granted to (AAMS) or (Autonomous Administration of State Monopolies). This post will provide some facts on the latest gambling legislation in Italy.
It Is Legal to Play Online Betting in Italy
Are online casinos legally legal in Italy? What are the Italy gambling law and regulation? This is a significant issue for most gamblers, and there is no answer. Gambling online has been legal in Italy for a long time. The AAMS has granted more than 160 licenses in active use to online gambling companies. Gamblers can avail themselves of various options offshore, provided they comply with the 2011 Comunitaria degree requirement. There are a variety of choices available to players in Italy. The Italian gambling market is extremely monitored, and the government has strict rules on non-licensed ISPs. This means that you must only be playing on licensed sites. The gambling regulations are constantly evolving, allowing for an increase in gambling activities; therefore, you must be aware of the changes in regulations.
Tax Laws on Gambling
The online market in Italy is second in Europe, which is why Italy is a significant influencer on the culture of gambling around the globe. That is one of the reason why regulation the casino industry in italy is most asked question. Italy has witnessed a 25 percent increase in the gambling industry’s revenue in the last couple of years, as well as the state is eager to share the earnings. The rules also encourage new operators to join in both the offshore and national markets, which means you can expect the amount of money to increase.
The previous government taxed all winnings in gambling over EUR500. These were subject to a tax of 6, which is set to rise to 10% in the next years. Taxes on winning lottery tickets also increase to 8% instead of 6percent on any gains that exceed EUR500. Winners in Italy are required to declare their gambling earnings for tax reasons. But, if you’re betting from a different country and playing from abroad, you’ll end up paying a small amount of tax.
Legal Online Gambling Forms
Gambling online in Italy has been legal since 2007, but AAMS began giving licenses in 2010. The majority of forms of gambling online are legal, with the exception of betting on blood sports. In 2009, the Abruzzo Decree of 2009 allowed the online poker market, sports betting, and fixed-odds games of luck, AKA casinos. The law also introduced rules for video and virtual betting lottery terminals. The legal gambling forms in Italy comprise:
Gambling online in Italy has been legal since 2007; however, AAMS began giving licenses in 2010. The majority of forms of gambling on the Internet are legal, with the exception of betting on blood sports. The Abruzzo Decree of 2009 allowed the online poker market, sports betting, and fixed-odds games of luck, AKA casinos. The legislation also introduced rules for video and virtual betting lottery terminals. The legal gambling forms in Italy comprise:
- Online betting on sports (except bloodsports)
- Online casino games
- Live casinos
- Bingo and lotto