With a total addressable market that has more than doubled in size over the past five years, Italy is an immensely exciting region in sports betting and iGaming. 30% of Italians actively bet in some form, staking over €16 billion in 2021. Meanwhile, in the same year, the country’s gross gaming revenue (GGR) was €4.2 billion.
Eurobet, which was originally founded in 1995, is our largest brand in Italy with just under 1000 sports betting stores. In addition to its bricks-and-mortar operations, Eurobet is a major player in the online gaming and betting arena, having originally acquired its online offering in 1999. Combined with our other, digital-only Italian brands – Bwin, Gioco Digitale and Partypoker – we enjoy an 11.9% market share, making us one of the market’s top three operators.
There are 18.5 million active players in Italy, 2.7 million of whom are active digital players. As Italy’s national sport, it will come as no surprise that many of our Italian customers are football crazy. Over 70% of all our Italian sports bets are placed on football, with Serie A being the most popular league.