The Italian Gaming Authority has now published the “Official Data On Remote Gaming” reviewing the data generated by the sector during this year up to 31 October 2010.
I believe there are no major surprises: while horse betting games are suffering a deep crisis with a decrease of the value of bets of 12.9%, fixed odd sports betting sector saw an increase of 10.7% reaching a value of over € 1bn, even if it showed a negative trend during the last months. However, skill games, which primarily include poker tournaments, have seen an amazing increase of 41.7% compared to the previous year with a volume of buy-ins of over € 2.6 bn.
These data even raise the expectations in relation to the upcoming cash poker games and casino games. Considering that these new games are on .COM websites the main attractions offered to their players, it seems that the doubling of the size of the Italian gaming market following their launch is not a “chimera” any more. It will be interesting however to understand what the real value of the Italian remote market that is currently more than € 4 bn (with an overall increase of 32.5% compared to last year) will be in one year when the new entrants in the market - that will be able to apply for an Italian remote gaming license in the next days - will be up and running.
Do you want more information about the above? Do you want to know how your company can apply for an Italian gaming license? Feel free to contact me, Giulio Coraggio.