European Football Boosts Italy’s Stalled Betting Market in March

Italian participation in European football ties saw Italy’s licensed bookmakers receive a welcome boost in turnover, but the Euro boost did little to staunch an overall downward trend, with the figures for the first quarter still registering a substantial year-on-year fall.

Double European clashes between Napoli and Chelsea, Inter and Marseille, AC Milan and Arsenal as well as the first leg of the quarter finals between AC Milan and Barcelona saw the total value of stakes on sports betting reach €376m during March — some 7 percent up on the figures from a year before — according to official data published by the gaming watchdog AAMS. However, the more balanced first quarter figures were still down by more than 12 percent. 

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