Domenica, 21 Ottobre 2018

Gambling on the rise in recession-hit Italy


Milan, August 21 - Gambling continues to rise in
recession-hit Italy, according to a new report from the Milan
chamber of commerce.
So far in 2013, some 9,300 businesses offer gambling of
some kind, up 32.1% on the year.
The number of registered gambling devices are up 91.2%
since 2012, while the number of establishments with slot
machines have nearly doubled.
The area where gambling is growing the fastest is the
northern Emilia-Romagna region, followed by the central Marche
The rise in gambling is widely associated with Italy's
crippling recession and rising unemployment rate.
Studies released late last year by trade union
confederation CGIL showed a 691% jump between 2005 and 2010 in
the number of people seeking professional help to deal with
gambling addictions.
A report last year from Italy's Catholic social-service
group CEIS found that gambling is Italy's third-largest
industry, earning 47.5 billion euros in revenue in 2008.
Its study found that 47% of Italy's poor and 66% of the
unemployed are known to gamble.
The study also showed that 47% of youth aged 15-24 have
played video poker and slot machines.
Online betting, which tripled in 2011, is growing the
fastest, as gamblers spent 1.5 billion euros on the Internet
last year.
Gambling revenue in Italy was up 28.8% to 23.2 billion in
the first quarter of 2012.
The government takes a hefty cut of revenue from gambling
establishments, while most illegal betting is run by the mafia.

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