Online gaming in Italy sees record month for sports betting February

Online gaming in Italy has seen record sports betting revenue.
Online gaming in Italy has seen record sports betting revenue.

The Italian online gaming sector marked a new record in revenue from sports betting in February, earning €351.2m.

Italy.- February was the second-best month yet for the online gaming market in Italy, with revenue of €351.2m, just behind the record set in December 2020.

With retail betting shops still closed under Covid-19 controls, online sports betting enjoyed a record month with revenue of €185.5m, which accounted for more than half of Italy’s total online revenue.

Figures revealed by Ficom Leisure show a month-on-month increase in revenue across all online verticals of 4.6 per cent from January and a year-on-year increase of 94.8 per cent against February 2020 – the last month before land-based casinos and betting shops were closed due to the pandemic.

Online betting revenue was also up 29.4 per cent from January, which had also seen a strong performance.

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