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Italian Mafia Raised More than €80M on Illegal Gambling

15 March 2021, 17:21
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An interesting case was published on the Organized Crime and Corruption Reporting Project portal. The platform published the results of a long-lasting campaign aimed at the Italian mafia’s gambling-related activity and appropriate measures. Our casino news magazine continues publishing the hottest topics related to gambling, describing the case in Italy.

Italian Mafia Raised More than €80M on Illegal Gambling

Criminal survey results confirm that 336 people were involved in the illegal gambling-related activity in Italy, but only 23 received acquisitions and penalties. For years, the representatives of the Sicilian mafia were using Maltese-related betting operator in Italy, but the majority of the bets were taken in cash to provide privacy and the impossibility of money flow. The revenues were then laundered by purchasing real estate in Italy, neighboring Malta, Germany, and Poland.

What is the situation with illegal gambling in Italy?

Interestingly, the cash-like scheme of making bets isn't strictly prohibited in the country, making it possible to use it often. The offenders were applying it across the whole of Italy in bars and restaurants.

According to the reports, the dark side of gambling generated about €20B in 2018. At the same time, experts consider those numbers to have grown during the last year due to the lockdowns and bigger demand for online gambling.

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Read moreIs the EU online gambling legislation effective enough in applying AMLD?

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