The win on penalties in Berlin has helped ease the pain of Italian soccer's current match-fixing scandal.
There were tears in Paris, particularly for retiring French legend Zinedine Zidane, who was sent off in the final.
He was shown a red card after headbutting Italian Marco Materazzi, with just 10 minutes left of extra time.
Italy went on to beat France 5-3 in a penalty shoot-out, after a 1-1 draw, the BBC reports.
It's the first world title for Azzurri in 24 years after they last lifted the trophy in 1982, though the Italian side entered Sunday's match with a formidable resume featuring three World Cup titles and five appearances in the final, according to Xinhua.
After it turned out that Deputy Prime Minister Andrei Belousov included the Fonbet betting company in the list of backbone enterprises that can count on state support, everyone started talking about these bookmakers.