Just like any other business, betting firms underwent unprecedented challenges that were brought about by the outbreak of Covid-19
A triple whammy has hammered the Italian sector if that saying applies to a national market.
First, there was a prohibition on all gambling-related marketing, followed by the pandemic's impact and attendant lockdowns, and lastly, to add insult to injury, a tax hike while the virus was still raging. However, the internet sector has shown remarkable resiliency, and recent M&A activity in the industry suggests that future prospects are bright, at least at the top of the tree.