Giochi del Titano
giochideltitano.sm
🇸🇲For operators · Tax, marketing & compliance
San Marino for operators: state monopoly
San Marino has a state-monopoly on all legal land-based gambling, operated by Giochi del Titano. The country does not issue online gambling licences, maintains a policy of non-enforcement and tolerates residents who access foreign-based websites.
OverviewOverview built from public sources. An in-depth review of San Marino is available on request. Request it
Product by product
| Product | Status |
|---|---|
| Online betting · Online casino · Online poker | Unregulated |
| Lottery | Licensed |
Regulator and player protection in San Marino
Regulator
Ente di Stato dei Giochi (State Games Board)
Application authority and enforcement body
Self-exclusion scheme
San Marino Self-Exclusion (limited)
How players exclude themselves; what it covers is in the player guide
Mandatory RG controls
No limit imposed on players
Deposit limits or reality checks the law requires operators to offer
Advertising stance
Limited
Whether you can run TV / sponsorship / paid-social campaigns
Heads-up for operators
Changes coming in San Marino
No publicly disclosed plans to introduce a local online gambling licensing regime.
Not yet in force: drafts, laws adopted without a start date, and sections of the law still to be commenced. An item moves to the timeline below on the day it takes effect.
Licence Types in San Marino
One licence type is listed for San Marino: Land-Based Gaming Concession.
| Licence | Regulator | Term | Notes |
|---|---|---|---|
| Land-Based Gaming Concession | Ente di Stato dei Giochi (State Games Board) | Statutory | A state monopoly granted exclusively to the state-owned company Giochi del Titano S.p.A. |
Licensing model
San Marino operates a dual-structure model. All legal land-based gambling (casino, poker, bingo) is the exclusive domain of the state-owned monopoly, Giochi del Titano S.p.A. Conversely, the country has no licensing framework for online gambling and follows a policy of non-enforcement that allows residents to access foreign-based sites.
Gambling tax and fees in San Marino
Detail
The state-owned monopoly operator, Giochi del Titano S.p.A., is subject to San Marino's standard 17% corporate income tax (Imposta Generale sui Redditi).
Year-1 cost of operating in San Marino
There is no licensing framework for private operators in San Marino, so market entry is impossible. The costs below relate to the state's own corporate structures.
| Line item | Amount | Notes |
|---|---|---|
| Online Gaming Licence | Not applicable Source1 | San Marino does not issue online gambling licences to private companies. |
| Land-Based Gaming Concession | State monopoly Source2 | Granted exclusively to the state-owned company Giochi del Titano S.p.A. |
| Corporate Income Tax (IGR) | 17% | Standard corporate tax rate applicable to the profits of the state monopoly, Giochi del Titano S.p.A. |
Year 1 estimate
Market entry for private operators is not possible.
The legal framework only permits the state-owned monopoly to operate.
Which foreign licences San Marino accepts
All 7 foreign licences listed here are tolerated in San Marino.
ToleratedMalta (MGA)
San Marino does not issue online licences and does not block residents from accessing foreign sites. MGA-licensed operators are popular.
United Kingdom (UKGC) · Gibraltar (GRA) · Kahnawake (KGC) · Anjouan (AGB)
No active blocking of UKGC-licensed sites.
Isle of Man (GSC)
No active blocking of IOM-licensed sites.
Curaçao
No active ISP or payment blocking against Curaçao-licensed operators.
Bonus rules: welcome bonuses restricted
Inducement ads: Channel-restricted
The regulatory framework for bonuses is minimal and not publicly detailed, with governance exercised through direct state control over the sole operator. A specific prohibition exists against inducements involving free or reimbursed travel and accommodation.
What the player can claim
- Welcome bonus
- Restricted
The legality and specifics of most player bonuses are not publicly defined in law and are left to the discretion of the state-owned monopoly operator, Giochi del Titano.
What the operator can advertise
- Messages ads may not give
- any form of incentive to play that provides for the gratuity or reimbursement of travel or accommodation costs
The Ente di Stato dei Giochi and the state-controlled operator, Giochi del Titano, handle enforcement internally, with no public record of sanctions.
How San Marino enforces against unlicensed operators
San Marino's government adopts a policy of non-enforcement towards online gambling. There is no active ISP or payment blocking, and residents who access foreign-licensed sites are not prosecuted.
- The government applies a consistent policy of non-enforcement to residents playing on foreign online gambling sites.
- No system for ISP blocking of foreign gambling domains is in place.
- No system for payment blocking to or from foreign gambling operators is in place.
Market size: 0.032B EUR (2024)
Gross gaming revenue in San Marino is approximately 32 million EUR annually. The most popular form of gambling is Football (soccer). A culturally distinctive product in this market is Poker tournaments (Italian Poker Open).
Market breakdown by vertical
- Land-based0.032B EUR100.0%
The figures represent the total revenue of the state-owned land-based gambling monopoly, Giochi del Titano S.A., for 2024. A detailed breakdown by gaming vertical is not publicly available. San Marino does not issue online gambling licenses.
Licensed operators: ~1
As of 18 Jun 2026, approximately 1 operator hold an active licence in San Marino. Size your entry against this base before committing capital.
Notable licensed operators
- Visit site
Traps operators hit in San Marino
Specific operational risks that have caught new entrants in this market. Each item is country-specific. Generic gambling-ops issues (KYC, RG tools) are not included unless they have a local twist.
Assuming a licensing regime exists
San Marino does not issue any online gambling licences to private operators. Any attempt to apply for one is futile, as the market is structurally closed.
Misinterpreting 'tolerated' as 'legal'
While the government tolerates foreign sites, this is a policy of non-enforcement, not a legal recognition or safe harbour. Operators have no legal standing or protection within San Marino and operate in a grey market at their own risk.
Sources7
Ignoring the land-based monopoly
All land-based gambling is the exclusive right of the state-owned Giochi del Titano. Any attempt to offer physical gambling services, including betting terminals or gaming rooms, is illegal and will face enforcement.
Timeline: rules in force
- 2026
Stable Monopoly, No Online Regulation Plans
The dual-structure market remains stable, with a land-based monopoly and an unregulated online grey market. There are no public plans to introduce an online licensing system.
Source: 7
- 2007
State Monopoly 'Giochi del Titano' Founded
Following the lifting of the 1949 ban, the state-owned company Giochi del Titano S.p.A. was founded to operate all legal land-based gambling.
Source: 12
- 2006
Law No. 143/2006 Establishes Modern Framework
The modern legal framework was established and created the Ente di Stato dei Giochi (State Games Board) to oversee the state's gambling activities.
Source: 1
- 1949
Casino Gambling Banned
A comprehensive ban on casino gambling was instituted, which remained in place for nearly six decades.
Source: 13
Operator myths vs reality in San Marino
Common assumptions about gambling licensing that turn out to be wrong in practice.
- MythSan Marino is an emerging European licensing jurisdiction.
- MythAn MGA licence allows us to legally operate in San Marino.
- MythSan Marino is a licensed market.Reality
This is a common misunderstanding. San Marino has a state monopoly for all legal land-based gambling and an unregulated, tolerated grey market for online gambling. It does not issue licences to private online operators.
Sources1
Markets that work like San Marino
Compared on what our records hold for each country: whether online casino, betting, poker and lottery are licensed, state-run or banned, the licensing model, what the operator tax is levied on and its band, how most advertising channels are treated, and how foreign licences are treated. A point we hold for only one of the two countries counts for nothing.
- MaliAI overviewBurkina FasoAI overview
Online casino, betting and poker unregulated; lottery licensed; state monopoly; most ad channels restricted; foreign licences mostly tolerated.
- GambiaAI overviewEswatiniAI overviewBoliviaAI overview
Online casino, betting and poker unregulated; lottery licensed; most ad channels restricted; foreign licences mostly tolerated.
Methodology & sources
This page is a Quick AI overview: a summary of public information, not yet checked against the law or the regulator. Treat it as a starting point. It has not yet been through our Deep AI Scan.
How we researchAsk us to run the Deep AI Scan for San Marino
Documents cited on this page
- 1Legal Pilot - San Marino Gambling Law Overview
- 2Giochi del Titano S.p.A. (Official Operator Site)
- 3KPMG - Country Profile San Marino (Taxation)
- 4San Marino Chamber of Commerce
- 5Delegated Decree No. 69
- 6iGaming Today
- 7iGaming Today - San Marino Market Research Report
- 8Gioconews
- 9San Marino Fixing
- 10Exchange Rates UK
- 11NeonSlots - Gambling in San Marino
- 12Visit San Marino - Giochi del Titano
- 13SoMuchPoker - Poker in San Marino
Looking for the player guide?
For consumer-facing information about gambling in San Marino (tax on winnings, where to play legally, self-exclusion options), see the San Marino player guide.
Disclaimer. This page reflects the law as we understood it on 18 Jun 2026. Rules change: always check the current position with Ente di Stato dei Giochi (State Games Board). We are not a legal adviser.