Non AAMS and Italian Casino Taxes

Among the European gambling markets, Italy has the highest tax rate for gambling winnings. In the past, the Italian government imposed a 6% tax on winnings above EUR 500. Nevertheless, the government decided to increase the tax to 10%. This new decree will come into effect in 25 days. The government also set up a tax scheme for betting on sports. Sports betting revenue will soon face a 20% tax rate. Despite this, the market continues to grow. AAMS (Autonomous Administration of State Monopolies) is the regulatory body for Italian casinos. It also issues licenses for games of skill and lotteries. These licenses cover casino games, bingo, and horse pools. The non AAMS site is an independent review website for online casinos. It provides information about online casinos that are licensed by the European Union. These websites also offer a variety of bonus promotions and offers. And you can find additional tips on online casino winnings fees right here. They usually have lower wagering restrictions and offer better rewards. Before registering, an offshore operator must meet financial, social, and technical requirements. In addition, the operator must be able to show that the business is profitable. Italy has been opening its gambling market to legitimate operators from other countries. However, there are still restrictions. For example, gambling ads must not include cash prizes that are directed towards minors. In addition, a player's deposit must be deposited at least 90%. The Italian government recently announced a new decree that will come into effect in 25 days. This new decree will include taxes on sports betting and fixed-odds betting. It will also increase the tax on lottery winnings.