Italian online gambling revenues show high level

Gambling News and Lucky Stories

According to the report of the state regulatory body of Italy – ADM, for the month of March of the current 2021, the profit received by online gambling increased by more than 80 percent, compared to the same period last year. Although it was ten percent lower than in February. As can be seen from the Agenzia delle dogane e dei Monopoli data, the total income of the online gambling industry has surpassed the figure of 315 million euros. Note that this amount did not reach the record set in December 2020 of only 4.2 million euros – so the figures can be safely called good. In March, the main three leaders were determined, which included Reel Italy, which owns the PokerStars brand, Sisal Entertainment and the operator Lottomatica. It should be noted that the online casino segment represents a little more than half of the total market profit. Online betting revenue figures are also on the rise, over €130 million, while their land-based counterparts lost 29 percent of their profits in March 2021 compared to the previous month. Such changes are due to the fact that during the pandemic, land-based facilities of the gambling industry are closed due to quarantine. My Lucky Story previously published information from the Italian media that from June 2, the work of land-based casinos in Italy could be resumed.

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