The Lotto race pays for the tax cut

The legislative decree that should bring order to the gaming sector is being accelerated.
The government wants to finance the tax reduction with the tender for the Lotto concession.
The impetus comes precisely from this, given that the executive's intention is to introduce a specific rule into the decree which provides for the immediate start of the procedure for awarding the management of the Lotto game.
The concession currently in force, in the hands of a consortium headed by IGT (formerly Lottomatica), expires on 30 November 2025, but the re-allocation and commissioning, after the concession tender, involves a very complex procedure that requires up to 18 months of time.
Precisely for this reason it is necessary to start the procedure with a specific rule introduced in the legislative decree in question.
read also How should gambling winnings be declared? The tender for the award of the Lotto The government does not want to grant an extension to the current holder of the concession and, by integrating the tender for the Lotto into the decree linked to the reorganization of the games, provide for the holding of the auction with new provisions.
The tender must be announced by the Customs and Monopolies Agency as soon as possible, to allow the concession awarding operations and the handover to be carried out (which could take up to a year and a half) by the deadline of 30 November 2025.
The current concession, which lasts nine years, was sold in 2016 for a value of 770 million euros.
The executive intends to collect much more from the new tender given that the players in the sector involved are different: Igt, which currently holds the concession, Lottomatica and Sisal to which Allwyn and Francaise des Jeux would also be added.
The figures of the deal could be very interesting, given that the game is worth over 8 billion in revenue per year.
The intention would be to obtain at least one billion, i.e.
the minimum auction base on which to base the upward bids.
The Government wants to make money with games.
The recommendation is to proceed without delay with the "Scratch cards" competitions, even if this concession expires only on 30 September 2028.
The exhortation, however, is to be understood as not respecting upon the publication of the decree, but as imminent with respect to the expiry of the concession itself.
read also Scratch cards, hidden tax with scam to encourage people to play From what we understand, therefore, the Government intends to raise cash on games to implement the fiscal delegation and bring taxes down again as early as next year.
The tax reform, in fact, requires many resources necessary to renew the cut in the tax wedge for medium-low incomes in 2025 and to further reduce the Irpef for incomes over 50,000 euros (movement from the current three rates to two already from next year).
The games constitute a good well from which to draw to generate coverage, or at least this is what the executive hopes.
To then make the hunt for funding even more substantial, the proposal was also put forward to "provide for the introduction of the so-called 'shared liquidity' (or also 'international liquidity') game mode with a regulatory source in order to strengthen the gaming offer in Italy, with particular reference to the online poker game”.
On this last step, however, there was strong opposition from the Democratic Party in the Finance Committee because the risk is that of taking steps backwards in the fight against pathological online gambling.

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