Italy’s online gambling market has continued its upward trajectory in September 2024, with several segments posting significant growth. Notably, the online casino sector has been a standout performer, while the poker tournament segment has shown signs of recovery.
Key Takeaways:
- Online casino: Consistent and significant growth
- Online betting: Moderate growth but stable
- Poker tournament: Signs of recovery
- Poker cash game: Continued decline
Online Casino Dominates
As reported by Deally.eu, the online casino segment has been the most consistent growth driver in the Italian market. September 2024 saw a 22.4% year-on-year increase in spending, reaching €241.1 million. This represents a 5.7% month-on-month growth. Lottomatica has further solidified its position as the market leader, edging closer to a 30% market share. Sisal, the only other operator exceeding 10%, maintained its position, while 888 overtook Snai.
Online Betting Stabilizes
The online betting sector has shown a more moderate growth rate compared to the online casino segment. September 2024 recorded a 1.7% year-on-year increase in spending, reaching €112.1 million. However, there was a 21.2% month-on-month decline. Lottomatica continued to gain market share in this segment, approaching 30%. Sisal, Bet365, and Snai all maintained a market share above 10%.
Poker Tournament Segment Rebounds
The online poker tournament segment has shown signs of recovery. September 2024 saw an 8% year-on-year increase in spending, reaching €9.5 million. This represents a 14.5% month-on-month growth. PokerStars maintained its dominant position, reclaiming a market share of over 40%. Lottomatica and Sisal followed with market shares of over 19% and 11%, respectively.
Poker Cash Game Struggles
In contrast, the online poker cash game segment continued to decline, experiencing an 8.6% year-on-year decrease in spending, reaching €4.8 million. However, there was a modest 5.5% month-on-month increase. PokerStars also dominated this segment, with a market share of over 35%.
How Demographic Shifts and Players’ Preferences Shape Italy’s Online Gaming Landscape
The Italian online gambling market is characterized by a growing number of players, particularly among young to middle-aged males, who are increasingly opting for higher-stakes casino games like slots, roulette, and blackjack. While football remains the dominant sport for betting, the overall trend leans towards casino-based wagering. In response to these developments, the Italian Gaming Authority (ADM) has implemented responsible gambling measures to mitigate potential risks associated with increased participation and higher stakes. These initiatives, such as self-exclusion tools and deposit limits, aim to foster a more balanced and controlled gaming environment.
