Italian Gambling Operators State Income Reduction Tendency

Incomes of the adjustable betting market in italy in 2018 amounted to only $ 1.5 billion. The trend of the slowdown in market development is observed since 2017.

Indicators published by the italian gambling regulator agenzia delle dogane e dei monopoli (adm) indicate the income of licensed betting operators in the amount of €one.484 billion in 2018. This is 10.8% more than in 2017. Raving rates amounted to €10.9 billion that €1 billion more compared to 2017.

Last year, revenue from ground-based betting was €840 million, which is 7% more than in 2017. Revenues from online rates made up a little more €643 million, which is almost 16% more. At the same time, in 2017, revenues from online rates also increased by 44.Five%.

According to the cumulative income from sports rates has decreased by 55% and amouunted to €96.4 million. Income from land betting decreased by two thirds and amounted to €49.4 million, while the turnover of online betting decreased by 43% to €47 million.

Online casinos in december revenue by 20.3% (€70.5 million), which is a new record in the italian market. Brand pokerstars from stars group became the leader in the online cason segment in december categories (11.1%) and annual rating (9.6%). Lottomatica ranked second in both categories with a result of 8% and 8.6%, respectively.

Entries of income from online poker also decreased. In december, revenue from poker tournaments increased by 0.5% and amouunted to €8.2 million, as a result of which the annual indicator of tournament income was a little less €82 million (–one.Five%). Profit from poker cache games decreased by 7.3% to €five.7 million in december, as a result of which the general annual income was €65.2 million (–6.7%).

Recall that on january 1, a full ban on advertising of gambling came into force in italy. The government of the country also raised tax rates for terrestrial and online gambling.