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NEWS
maltatoday | WEDNESDAY • 21 JULY 2021
NEWS
KURT SANSONE
ITALY'S financial crimes police have confiscated
€3.5 million in assets from a Maltese company that
operated an illegal betting operation in Messina.
The assets are equivalent to the tax due by the
company in Italy on income that totalled €85
million, the Guardia di Finanza said.
The Maltese company operated betting sites
with different trade names and also used phys-
ical outlets in Messina to take bets.
The sites were operated on the basis of conces-
sions granted by foreign gaming authorities that
are not valid in Italy.
The investigation by the Messina unit of the
Guardia di Finanza revealed how legally auton-
omous firms acted as centres for the receipt of
bets and served as advertising for the Maltese
mother company.
The name of the Maltese company was not di-
vulged.
Maltese company has €3.5 million in assets
confiscated by Italian financial crimes police
