Category: News

12 Oct 2018

EU: ‘Gaming suppliers provide information to tax authorities’

Published in the EU Journal, the European Parliament Recommendation requiring gaming service suppliers to provide information to tax authorities.

 

Also “gambling service suppliers” are among parties responsible for providing information to tax authorities must be the same listed in the anti-money laundering directive.
The Recommendation of the European Parliament of 13 December 2017 to the Council and the Commission lays it down, following the investigation in relation to money laundering, tax avoidance and tax evasion published in the European Journal today, 11 October.
Furthermore, the European Parliament “calls on the Commission to urgently assess the implications that e-gaming activities, virtual currencies, cryptocurrencies, blockchain technology and financial technology can have on money laundering and tax crime; it also calls on the Commission to consider possible measures, including a legislative proposal, aimed at creating a regulatory framework for these activities with a view to limiting the tools allowing money laundering”.

11 Oct 2018

Sports Betting: +17,4% on September 2018 collection

Collection data processed by Gioconews.it on online, retail and virtual bets of September 2018.

Physical and online sports betting market dominates in September 2018, Bet365 with a collection rate of 17.43% for over €167 million, contributing to an expenditure of €9.4 million. Sisal Entertainment flies among the Italian Bigs with a collection of 8.71%, then Lottomatica Scommesse with its concessions reaches 7.68%, while Snaitech is the real pursuer of the market leader and stands at a share of 11.53%. Eurobet Italia is also very good at 10.68%, with a collection of over 100 million. Goldbet and Intralot group stands at an excellent market share of 12.44%. Oia Service Betaland is also highlighted, with a share of the net movement of 2,67%. Betway recently started with communication too, which totalled 0.24% for a collection of 2.3 million. Same share for Sportpesa, while 888 Scommesse reaches 0.3%.

Expenditure for sports betting in Italy in September was of €139.6 million, up to 18.8% compared to the same month of 2017. Since the beginning of the year, total amount spent on sports betting is of 1.1 billion (+ 38.7%), in nine months gaming on the physical network was of 631.2 million (+ 38.4%), while remote collection records an expenditure of 471.8 million (+ 39.1%).

GOLDBET DOMINATES VIRTUAL BETS – Goldbet dominated virtual betting market, reaching a net movement of €48.3 million for a share of 36.22%, very little for Bet365 which stops at just 0.46%, while Sks365 reaches 1,43%. Betaland arrives at 0.51% while the other Italian Bigs reach these shares: super Snai at about 14 points and a half, then Sisal at 11.18% and Lottomatica at 6.07%.