Italy Modifies Gambling Rules and Increases Tobacco Prices
The Italian government activates two significant changes that affect daily economics. On one hand, a new decree reorganizes the betting sector with numbers. On the other, a tax increase directly impacts the cost of smoking. Both actions seek to adjust public revenues and regulate specific markets. 🏛️
New Rules for Lottery Games
The regulation that comes into effect this week redefines how number-based games operate, such as Lotto and Superenalotto. It establishes a clear separation between fixed-odds modalities and national totalizer ones. A key point determines that the State receives the 20% of the major prizes. In addition, it sets specific deadlines for the lucky winners to claim their money. 📜
Main Changes in Gambling Games:- Classifies games into two types: fixed-odds and national totalizer.
- Assigns 20% of the highest winnings to the State's coffers.
- Defines specific periods to claim the obtained prizes.
The State precisely adjusts two traditional sources of income, calculating the impact of each move.
Second Phase of the Tobacco Increase
In parallel, the fiscal measure on cigarettes advances. Next week, the second stage of price increases begins. This adjustment will make, for example, a pack of the Camel brand reach approximately 6.30 euros. This action follows increases already applied to other brands and is estimated to bring in nearly 16 billion euros annually to the public treasury. 💶
Details of the Tax Increase:- It is the second phase of a staggered increase in tobacco prices.
- Raises the cost of specific brands, like Camel, to about 6.30€ per pack.
- Generates an estimated annual revenue of 16 billion euros.
Objectives and Combined Effects
With these two decisions, the authorities act on sectors that have historically provided considerable funds. The gambling reform aims to organize this area in more detail. The tobacco increase, in addition to seeking revenue, is part of a policy that attempts to reduce its consumption. The result is a direct impact on people's economic life: while some review their lottery tickets, others evaluate their smoking habit. ⚖️