Gambling Tax Changes Likely In Italy

New Stability Law has passed its latest hurdle and is fast approaching a procedural deadline

With a final approval deadline just weeks away at the end of December, it now appears likely that the current version of the Italian Stability Bill will be approved for implementation early next year.
This week the national Budget Committee cleared the proposal in one of its final hurdles, opening the way for approval by the Chamber of Deputies where it is due for tabling this week.
If the bill stays on track, that could see new taxes coming into effect on January 1 2016. The changes include a higher 22 percent tax rate for online sports betting operators, but on GGR instead of turnover. Their land-based equivalents will pay a lower rate of 18 percent to protect that sector of the industry.
Online casino, poker and bingo operators will face a 20 percent tax rate, again on revenue.
The Stability Bill also makes provision for a more regulated and controlled marketing environment in gambling, banning advertising between 7am and 10pm on both television and radio stations

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

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