Posted on: September 6, 2021 Posted by: Robert Davis Comments: 0

Italian Ministry of Financial state and Finance (MEF) has noted on the gambling revenue, gathered by the Treasury from January to July 2021. The authority has released the knowledge in the current fiscal news.

In 2021, lots of sectors of the Italian financial state have been hit tricky by the COVID-19 pandemic. And, as noticed from the MEF’s report, the gambling area of interest wasn’t an exception. Through the first 7 months of 2021, the Treasury has gathered €1.5 billion in the internet casino, lottery, and slots income. This is virtually €900 million significantly less than the profits collected in the exact period of time of 2020. Previous yr, €2.4m of gambling incomes were being despatched to the state finances.

Lottery earnings is up whilst the earnings from slots drops

In 2021, lottery profits comprised most of the gambling revenue in the nation. The revenue from lottery game titles was €694 million, compared to €507.2 million of gatherings in the corresponding time period in 2020. This is an above 36% year-on-12 months improve.

On the other hand, earnings from slot equipment, including billionaire slots online games, has substantially fallen this calendar year. Even though from January to July 2020, slot profits was almost €1.58 billion, in 2021 it has dropped to just €395 million.

Go through far more: All you need to know about online gambling in Europe

Go through a lot more: Record of nations around the world that use euro as the main forex