BetBurger | Live and Pre-game surebets
RebelBetting - Turn betting into investing

Italy implementing a betting turnover tax to fight Covid19 caused recession

Make bookmakers cash cow machines
User avatar
arbusers
Administrator
AdministratorAdministratorAdministratorAdministratorAdministrator
Contact:
Karma: 622
Posts: 6215
Joined: Thu Dec 30, 2010 4:34 pm

Italy implementing a betting turnover tax to fight Covid19 caused recession

Wed May 27, 2020 9:17 am

The Italian Council of Ministers announced the introduction of a new temporary turnover tax on sports betting until the end of 2021 in an effort to revitalize the country's economy after the Covid19 pandemic. The amount of the tax has been set at 0.5 percent of takings from all forms of sports betting, including online, offline, and esports betting.
The tax is set to build a sports relief fund.
ukbetting
Gaining experience
Gaining experience
Karma: 3
Posts: 13
Joined: Fri Jan 17, 2020 11:28 am

Re: Italy implementing a betting turnover tax to fight Covid19 caused recession

Wed May 27, 2020 2:42 pm

revitalize? lol I would say depressing....
dealer wins
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Karma: 43
Posts: 966
Joined: Mon Sep 15, 2014 12:16 pm

Re: Italy implementing a betting turnover tax to fight Covid19 caused recession

Wed May 27, 2020 4:18 pm

I can guarantee it wont be temporary.
Never trust a goose!!!
User avatar
CharlieSheen99
Pro
ProProProPro
Karma: 27
Posts: 487
Joined: Tue Jan 06, 2015 3:56 pm

Re: Italy implementing a betting turnover tax to fight Covid19 caused recession

Sun May 31, 2020 10:59 am

Something like this will make a lot of damage to our business for sure....

Return to “Arbing, matched betting and trading talk”