Online Sports Betting in Italy
Sports betting is one of the most popular forms of gambling in Italy. In fact, according to some online sportsbook news sites, Italy is the second country with most bettors in Europe, right after the UK. There are many land-based bookmakers but since the legalization of online sportsbook sites in Italy that Italians can also enjoy it on the internet.
|Is online sports betting legal in Italy?||Yes.|
|Are sports betting sites in Italy trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Sofort/Skrill?||Yes.|
|Do online sports betting sites accept EUR?||Yes.|
Online Sports Betting Laws in Italy
The central legislation for sports betting in Italy is Article 1 of the Legislative Decree of 14 April 1948. The regulatory legislation for online sportsbook sites is the Ministerial Decree no. 111 from 1 March 2006 which has liberalized the market that was before limited to the state. However, this decree doesn’t include horse racing, as this is regulated by the Ministerial Decree no. 248 from 4 August 2006. And the ADM Decree no.47 from 18 March 2013 has legalized “remote fixed-odds betting on events with direct interaction between gamblers”, in other words, exchange betting.
It is noted, however, that the tax rate applied to sports betting is higher than other forms of gambling, 22% of the gross gaming revenue. But there are major bookmakers that are licensed under the Agenzia delle Dagane e Monopoli (ADM). Some of the most visited are 888sport and that offer a wide variety of sports and some of the best online sportsbook bonuses.
Online Sports Betting Payment Methods in Italy
There are many different payment methods available when betting in online sportsbook sites in Italy. Of course, they all have a proven record of transparency and legitimacy. This way, the credit and debit cards of VISA and MasterCard are commonly accepted. But there are other alternatives that are as efficient and safe. These include Skrill, Neteller, PayPal, PaySafeCard of Sofort. For more information, consult the online sportsbook reviews directory.
Online Sports Betting Sites Accepting EUR
Due to the popularity of this gambling activity in Italy, there are several online sports betting sites accepting EUR. This allows gamblers to be exempt from conversion fees and to control better their spendings.