Italy Readies Massive 2020 Machine Tender

The Italian government will run a machine-focused gambling tender next year expected to net the Treasury a massive €1.8bn in fees, according to the latest draft of the country’s forthcoming 2020 budget.

The draft of Italy’s latest budget law details how the Ministry of Economy will run a tender largely for slot machines and video lottery terminals (VLTs) next year.

It estimates that the fees for each concession could amount to €350m from slot machines, €900m from VLTs, €385m from the right to operate machines in bars and tobacconists, €84m from dedicated outlet concessions and €100m more from remote gaming.

The draft was approved over the weekend by President Sergio Mattarella, and is expected to be passed by parliament in the coming weeks.

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