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Betting and online gaming dodge new Italian gaming taxes

16th November 2011 8:54 am GMT

The recent announcement by the Head of Italy’s gaming authority of higher duties on machines and a new tax on winnings had share prices falling and operators anxious to see the detail of the changes, but when the activating decree was published on November 14th it became clear that most operators and punters would be unaffected.

Raffaele Ferrara, Head of gaming authority AAMS, had outlined proposed changes in taxation on the 8th of the month in [...]

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