Italian Bookmakers Rebound But Some Now Face Closure

Business in Italy's betting shops has returned to almost pre-COVID levels, but some unlicensed shops are facing closure over a history of unpaid taxes.

Numbers are slowly improving across Italy's retail network of bookmakers as the country returns to normal life after a lengthy period of lockdown.

In June, after retail outlets reopened on the 15th, the country's betting shops banked €10.8m of gross gaming revenue (GGR), while the overall betting market, both retail and online, counted GGR of €73.5m, a figure just 11 percent shy of the same month a year ago.

Still, the collapse in demand created by the retail lockdown and the cancellation of sport events during the first half of 2020 brought about a collapse in business that hurt operators and the taxman alike.

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