The Italian Gambling Authority (AAMS) has provided some clarifications on the locations where operators will be entitled to install videolotteries.
In particular, the AAMS clarified that it will be possible to install VLTs not only in bingo halls, betting and gaming shops and gaming halls where other entertainment machine have to be located, but also in gaming halls where only AWPs and VLTs can be installed. These halls cannot have as their main business the offer of food and beverages (like in bars, restaurants etc.), but such services can be a mere accessory to the offer of games.
However, what sounds more interesting in the decision of the AAMS is that it appears that it will be possible to have hotels, bars and restaurants “attached” to gaming halls as far as they have a separate entrance. Therefore, it is likely that in the next months we will see the first “Vegal-style hotels” in Italy whose ground floor will be a VLT casino with a separate entrance.
This represents a considerable opportunity especially for foreign investors that will be able to reproduce in Italy the “format” successfully adopted abroad and the forthcoming award of new VLT licenses in 2011 and issue of regulations on live poker games make this scenario even more attractive.
Do you want to know more about the above? Feel free to contact me, Giulio Coraggio.