Slots Logic reviews and rates the world's top online slots.
Visit Casino Advisor for the best online casino reviews, news and much more.
The growth trend for the public gaming market in Italy has been confirmed for the full year 2010, with revenues exceeding €61.4bn (approaching four percent of GDP), a rise of 13 percent over 2009. The corresponding tax revenues were €9.9bn overall, of which around €8.7bn was derived from ordinary taxation on gaming and €1.2bn from extraordinary revenues represented by one-off payments from operators.
The overall figure quoted for 2010 tax revenues is net of the amounts paid by the operators for the introduction of video lottery terminals (VLTs), worth €425m, and the conclusion of the process of awarding instant lotteries concessions, worth €800m.
As confirmed by the Autonomous Administration of State Monopolies (AAMS), overall payout was 71.6 percent of receipts. More than €44bn was distributed in winnings to players, against €37.6bn the previous year, a rise of 17 percent.
According to the AAMS, the following factors have contributed significantly to this improvement:
• A further increase in activities aimed at prevent and hindering illegal gaming, as well as the introduction and improvement of electronic ancillary devices.
• The introduction of new rules, on an experimental basis, for the bingo sector, requiring – among other things – an increase in the percentage of takings reserved for distribution as winnings.
• A wider range of offerings for the betting sector and the introduction of new types of gaming machine, the VLTs.
• The establishment and growth of remote skill gaming, achieving revenues of more than €3.1bn, a rise of 34 percent on 2009’s figure.
