Italy’s gambling turnover doubled in size over last 10 years

Italy’s gambling market has doubled in size over the past 10 years, according to the results of a new market survey.

This week saw independent research body Eurispes release its Italy 2019 Report, which claims overall Italian gambling turnover hit €101.8b in 2017, more than doubling 2008’s turnover of €47.5b and nearly seven times 2003’s €15.5b. (Full report here, with gambling in Schedule 47).

Italian gamblers’ actual losses amounted to nearly €19b, around €10b of which went to the government in the form of taxes, leaving about €8.6b for Italian-licensed gambling operators.

A little over 28% of Italians copped to having engaged in some form of gambling for money. Around 18.3% of gamblers partook exclusively offline, while just 2% were purely online gamblers and nearly 8% were platform-agnostic.