In the Italian digital landscape, a figure is emerging that is increasingly relevant yet still lacking a clear regulatory framework: the sports trader, an operator who applies financial trading logic and tools to sports betting markets.
On this topic, Antonella Terranova and Gaspare Roma provide an in-depth analysis published in ItaliaOggi, examining:
- the operational characteristics of sports trading and the role of betting exchange platforms
- the structural differences compared to financial trading, particularly from a regulatory standpoint
- the legal issues arising from the absence of a formal legal definition of this role
- the potential risks, including criminal liability, for those operating professionally on behalf of third parties
A contribution that highlights how technological evolution is outpacing the law, leaving grey areas that require targeted regulatory intervention.

