The gaming industry in Italy has seen profits soar over the last 5-6 years, with the introduction of new regulations aimed at expanding betting opportunities for Italian gamblers. With more than €8bn generated in tax revenues every year from a total gaming turnover of nearly €50bn, it is little surprise that the government is becoming increasingly reliant on this sector to provide money for otherwise depleted state coffers.
Further to the tremendous success achieved by the introduction of State-monitored street-AWPs and a pioneering licensing regime for online operators, Video Lottery Terminals are the latest category of products to emerge as an opportunity in the Italian market. Alas, not without a healthy deal of Italian drama.
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