Italy Targets €1bn From Gambling Sector In 2027 Budget

Italy Targets €1bn From Gambling Sector In 2027 Budget

Italy's Ministry of Finance and Economy is projecting it will raise €1bn from gambling companies between 2027 and 2028 as part of the Meloni government's settlement of the 2027 Budget Law, according to Italian trade outlet Jamma. 

The forecast takes into account planned reforms to online casinos and gambling licensing, how licences are audited, and new technical standards for the sector, though the ministry has not yet confirmed final rates, charges or a timetable.

Proposals under consideration span online gambling, winnings withdrawals, and concession arrangements, including bringing forward the existing online concession, which is due to expire in 2028, to 2027. 

The ministry and Italy's gambling regulator ADM are reportedly seeking a stewardship contract worth around €1bn.

Twice Last Year's Levy Target

The €1bn figure is double the roughly €500m contribution the government sought from the sector for the prior budget cycle, a target GDC reported on in Italy's earlier €500m budget ask. 

Italian gambling operators will have a clearer picture of what the new contribution means once the budget bill reaches the Chamber of Deputies, expected around October 28, when the specific taxes, concession charges or other revenue measures should be set out in more detail.

For now, the proposals remain options under examination rather than settled policy, with the government still working out both the measures themselves and how the funding obligation would be distributed across licence holders. 

The principal uncertainty for operators is which of the measures under review, spanning online gambling turnover, winnings withdrawals and concession arrangements, actually survive into the final text, since the ministry has signalled only the overall €1bn target rather than a specific mechanism for reaching it.

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