Italy to issue 80 new online gambling licenses Italy is the gaming market watch now

Italy to issue 80 new online gambling licenses, hopefully, such long...

As a consequence, operators willing to launch their Italian platform in shall already start the setting up. The following amendments liberalized the market in What to do NOW? Online casinos that accept Euros are an interesting group; since the Euro is accepted in so many different countries representing a variety of cultural traditions and languages, casinos that cater to players who want to use Euros generally have a lot of language support through customer service or on the website itself.

As it stands now, any online casino that wants in to the Italian gambling market can only offer classic casino games and cash poker games; no online slot machines are legal under the current Italian law. Gambling law[ edit ] The Italian Criminal law proclaims gambling illegal, be it organized in a public place, an open-to-public place or a private club. In particular, for what concerns the land-based gaming market all the current licenses will expire and a bidding process for new licenses will be launched, while around 40 online gaming licenses will expire which means that there will be room for at least 80 new entrants in the market.

The proposal introduces a one-year deadline for candidate operators to apply for a gambling licence from the opening of the procedure, a deadline substantially more generous than previous tenders. The smorfia is a traditional method to pick numbers based on dreams, news events or recommendations of "gifted" people.

Additionally, regulations on bets on virtual events and bingo will substantially change in the next months, introducing much more flexibility for operators in the offering of the games, removing some regulatory restrictions that appeared unjustified. Websites run by other operators were blocked to prevent Italians from using them.

What blackjack pelicula cuevana happen now? Casino sites that want to open in Italy have to prove that they are fully compliant with the new Italian laws and regulations regarding online gambling, and eventually submit a complex set of forms directly to the AAMS to prove their compliance.

The European gambling market has become a big target since the American gambling market started shrinking, but the popularity of mobile gambling is adding to the numbers of European online gamblers. Italy is not a country with a huge number of traditional land-based casinos; the majority of the Italian gambling dollar is spent on sports betting or the big national Italian lottery.

The maximum buy-in for a poker tournament was set at EUR and the maximum initial stake for each gaming session could not exceed EUR 1, According to this law, organising a game of chance in a public place, an open-to-public place or a private club, was forbidden and could result in imprisonment and monetary sanction.

Any online casino that accepts transfers italy to issue 80 new online gambling licenses European payment processors generally accepts transactions in Euros. Such changes were accompanied by the completion of the full liberalization of the sportsbetting liberalization.

For now, the future of online casino gambling in Italy is on target to rival that of Spain or the UK in a few short years. Only the State has the right to allow gambling. I have already published the FAQs which clarify the main features of new remote gaming licenses and the applicable obligations. For Italian gamblers who want to play online, the fact that the native currency in Italy is the Euro is good news.

This action, followed the judicial earthquake already occurred last year, might convince some operators to obtain an Italian online gaming license. List of casinos[ edit ]. The punishment for breaking the law ranges from fines to imprisonment. If accepted, the Ministerial Order calling for tenders will include the final terms governing the procedure.

You may access the new DGOJ initiative here. The second quarter of the year started with a major action by the Italian police against the unlicensed market.

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Italy is the gaming market to watch now! Only entities which meet the requirements set out in the Gambling Regulation and the final terms of the tender will be eligible to obtain a gambling licence.

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It legalized card games of skill, specifying that such games should be played in the form of a tournament with the stake equal to the tournament entry fee. This is at least in part influenced by the DGOJ having received two formal requests to reopen licensing submitted by two international entities, both currently unlicensed in Spain.

The main reason why the Italian government adhered to strict rules was the desire to avoid the possible negative effects associated with the industry. The Minister of Finance now has three months from 18 September to accept the proposal.

The development of the protocols of communication as well as the certification of the platform and games and their approval by the regulator take usually 4 to 6 months. Since the invention of the European Union and the subsequent adoption of the Euro by many European countries, Europe looks more and more like a single nation.

Both games switched from a turnover based tax regime to a GGR tax regime. I have been approach by a good number of operators willing to enter into the Italian online gaming market and the usual question is about what shall be done NOW.

A consortium led by Lottomatica was the sole bidder and therefore the beneficiary of the awarded license. At the same time it is recommendable to start in parallel the arrangement of the documentation to be submitted to the regulator. There are other regional lotteries, some with centuries of history. For a long time, all gambling was illegal in Italy; only recently have gambling laws caught up with modern technology, including regulations for online casinos.

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Ready for new Italian online gaming licenses? However, during these months prior to the opening of the application window, I believe that it is is crucial to work on the technological development of the platform in order to make it compliant with Italian gambling regulations. Transferring your currency adds expense and time to your online casino account transactions.

However, the DGOJ is recommending evaluating the opening of the market. Other poker games as well as video poker games based on the same rules were prohibited as being dependent wholly on pure luck.