Gambling Regulator from Italy Says No to Instituting Online Gambling Taxes

14 April 2013

Good news are coming from Luigi Magistro, the Italian gambling legislator, as he claimed that the level of taxation regarding the gambling industry in the European country is going to remain as it is at this time, which means that no taxes are going to be imposed for online casinos.
CasinoWebScripts’ writers have information that this declaration was made by the regulator at a conference in Brussels, stating that the 200 operators which are currently administrating online gambling sites and own gambling licenses, must remain motivated and competitive with operators who do not own gambling licenses at this time and are offering several gambling products to players from offshore bases.
The Italian government has received €8 billion from gambling taxes in 2012, online casinos contributing with €200 million. Businessmen who would like to open online casino should take in consideration that online slots were introduced at the end of 2012, so Italy should be taken in account when it comes to opening an online gambling site, as Italy enjoyed a significant growth from gambling revenues between the years 1999 and 2011. CasinoWebScripts can make it easy for you to open an online casino which is most surely going to increase your revenues significantly.

14 April 2013

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