Italy’s gambling industry is once again under threat as the recently formed coalition government appears to have survived last week’s near-death experience.
Last Friday, Italy’s President Sergio Mattarella agreed to accept Giuseppe Conte as the country’s new prime minister, representing the coalition of the League and Five Star Movement (M5S). The country had appeared headed for new elections after the coalition failed to convince Mattarella to accept their original choice for finance minister, but that was then, this is now.
Last month, the coalition released a document outlining their plans for governing, including a harsh position on the nation’s gambling industry. The coalition has proposed a 35% reduction in the number of land-based gaming machines and an “absolute ban” on gambling advertising and sponsorships.
In case anyone thought the coalition was bluffing, M5S Senator Matteo Mantero (pictured) unveiled drafts of two new pieces of legislation last week, the first covering restrictions on the placement of gambling venues and limiting them to eight hours of operation per day.