Italy has recently approved the changes on its taxing regime regarding VLT's and Comma6a. According to the new legislation, operators are required to pay increased taxes, as of 8/05/2017.
Breakdown of New Costs
These new increases mean that online casinos will now have to pay:
- An added 1.5% to 19% of the turnover for Comma6a gaming machines
- 1% more, up to 6% on the total turnover on the Video Terminal Lotteries
- Winning tax due by players for VLT winnings exceeding € 500 will be increased from 6% to 12% in 1 October 2017
According to carefully considered estimations, these increases will have a negative effect on player winnings. It is projected that operators will lower the RTP rates of each slot in order to balance revenue losses.