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Italian Gambling Industry Warns Regulatory Gridlock Is Fueling Growth of Illegal Market
Italy’s regulated gambling industry is facing a prolonged regulatory impasse that risks accelerating the expansion of unlicensed gambling operations, according to the EGP-FIPE, which raised its concerns before the Senate’s Constitutional Affairs Committee on Tuesday. Representing gambling operators within the Italian Federation of Public Establishments (FIPE), part of Confcommercio, the association argued during the hearing that years of delayed reforms and fragmented local
Jun 163 min read


UK Gambling Industry Calls for Stronger Action Against Illegal Betting Market
The Betting and Gaming Council (BGC) has unveiled a new strategy aimed at combating the growth of illegal gambling in the United Kingdom, arguing that a coordinated response from government authorities, regulators, technology platforms and financial institutions is necessary to protect consumers and the licensed market. Representing what it says is around 90 per cent of Britain's regulated betting and gaming industry, the trade body believes that unlicensed operators are expa
Jun 104 min read


UK Gambling Industry Braces for Deeper Fallout as 40% Remote Gaming Duty Begins Reshaping Market Economics
Six weeks after the United Kingdom implemented a dramatic increase in Remote Gaming Duty, doubling the tax rate from 21 per cent to 40 per cent, the immediate financial fallout feared across the gambling sector has yet to become fully visible in public earnings reports. Major operators have acknowledged the pressure created by the tax hike, but the industry has so far avoided the kind of sharp market shock many analysts initially anticipated. Entain adopted a cautious stance
May 209 min read
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