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X the latest internet giant to be fined in Italy over gambling promotion
March 17, 2024 - AGCOM, the Media and Communications Authority of Italy, has summoned a €1.35m [$1.47m] fine on X (formerly Twitter) for continuing to promote gambling advertisements and content to Italian audiences. According... Read more »
Italy approves reorganization decree for online gambling
January 4, 2024 - Italy will undertake a sweeping reform of its online gambling laws in 2024, as the government approved the ‘Reorganisation Decree‘ mandate needed to settle long-standing industry conflicts. On Tuesday, the... Read more »
Italy fines YouTube, Twitch €3.15M for allegedly breaching gambling ad ban
December 12, 2023 - Italy’s communications watchdog has fined Alphabet Inc’s YouTube and Amazon’s Twitch for allegedly breaching rules which ban gambling advertising in the country. Youtube and Twitch were fined 2.25 million euros... Read more »
Tottenham Report: Illegal betting by Premier League footballers in Italy — what lesson is yet to be learned?
October 17, 2023 - Juventus F.C. midfielder Nicolò Fagioli and UK Premier League players Sandro Tonali (Newcastle) and Nicolò Zaniolo (Aston Villa) are implicated in a criminal investigation over illegal betting activities by the... Read more »
Italy’s soccer federation orders two Premier League players to leave training camp amid gambling probe
October 12, 2023 - Sandro Tonali and Nicolo Zaniolo have been sent home from Italy’s training camp after criminal prosecutors launched an investigation into alleged gambling offences, the country’s football federation said Thursday. In... Read more »
Italy to begin generational overhaul of gambling laws
July 19, 2023 - Italy’s Chamber of Deputies has approved the ‘Tax Delegation Law’, a decree that paves the way for ‘industry reorganisation’ of the Italian gambling sector. The bill has been forwarded to... Read more »
Italy: Lottomatica revenue up 19.8% in record quarter
May 18, 2023 - Revenue for Lottomatica’s first quarter hit €422.2m ($459.6m), a rise of 19.8% in a record-breaking period. Other income of €2.5m brought the total revenue for the year to €424.8m, up... Read more »
Tottenham Report: Italy — Setting the scene for the online-gambling regulated market
May 16, 2023 - The Italian Parliament has finally started the voting process on a bill defining the key pillars for the reorganization of the gambling sector, which will be implemented by the government... Read more »
Italy’s Lottomatica seeks up to $3 billion valuation as owner Apollo commences IPO Monday
April 23, 2023 - Italy’s largest gambling group Lottomatica is seeking a valuation of up to 2.67 billion euros ($2.93 billion) as it prepares to list its shares in Milan, riding a market rebound... Read more »