Profits from online betting increased in Italy

Profits from online betting increased in Italy

During 2017, Italy recorded a 60 percent increase in profits from the online rate segment, which was a record (9.9 billion euros).

The year 2017 was a record for Italian betting on the Internet, as the segment accounted for more than half of all rates and the revenue increased by 60%. Last year, Italian players made a record 9.9 billion euros and exceeded the figures for 2016 (7.5 billion euros) and 2015 (5.5 billion euros).

The revenue growth increased by 287%, which became possible due to the best football league in Italy, Serie A, for the first time in the history of which there were matches in the holiday season. In addition, the last month of 2017 showed the lowest payout ratio for the whole year, which reached only 75.5%.