Italy Sees Online Gambling Increase

Italy‘s online sports betting and casino sites saw a 25 percent increase in revenue for February over last year. Online poker, revenue, however, continues to decline.

Italy’s online sports betting sites took in €432 million in February with land-based wagers taking in €394 million according to figures compiled by Italy’s Agimeg.it gaming news agency and reported by CalvinAyre.com.

That’s a combined €828 million and a 30 percent increase over February 2016 and 7 percent higher than January’s €775m.

Bet365 brought in €143.3m to lead online sites.

Online casino games saw a 25 percent increase to €41.1 million. Lottomatica was the leading site with a 10.7 percent share of the total.

Italy’s online poker market, however, continued to decline with February’s tournament fees falling 16.5 percent from January while cash games were down 11 percent. PokerStars continued its dominance in the market although its tournament share declined to 42.5 percent and its cash game share fell two points to 69.2 percent.

For 2016, regulators said the country’s gambling market showed total gambling spending of €19.17 billion, a gain of 11.4 percent over 2015’s total.