Recent Posts

Copyright Giulio Coraggio 2018

 

We had reported of a law proposal aimed at introducing a complete ban on gambling advertising in Italy. However the latest good news are that more likely Italy will adopt an approach similar to the UK.According to the latest news, the Italian Government is going to submit to the Parliament an law proposal within the next 30 days which rather than providing a complete ban on gambling advertising will prescribe:   time slots when gambling ads can be broadcastthe obligation to stress that games offer a mere "possibility" to win and a list of places where gambling related billboards can be placed. Also, operators are discussing the implementation of a self-regulatory code of conduct for gambling advertising which might reproduce...

A Law Decree introducing the so called electronic health record, online examination record and in general the digitalization of the medical sector is about to be ratified by the Italian Parliament boosting the eHealth sector in ItalyThis considerable change provides the adoption of the electronic management of health files through the usage of the electronic health record and the implementation of online booking systems for appointments. Moreover what is more interesting is that the Ministry of Health shall issue decrees providing the usage of mobile devices able to collect medical data, their communication to practitioners assisting patients, researchers and patients themselves.Needless to add that such decree offers a tremendous opportunity to providers of cloud computing services that might be affiliates of...

Lawyers' review of TV ads is in most of the case considered as an expensive waste of time, but in some cases it can lead to relevant savings. It happens quite often that marketing managers call us complaining for the comments (issues) raised on their ready-to-be-launched TV ad just claiming that their "similar" had been previously approved and we cannot complain about it at this stage! However, in a country like Italy where fines up to € 500,000 can be issued in case of misleading advertising practices and promotions not compliant with stringent regulations and even higher damages can be awarded in case of breach of intellectual property rights, such kind of issues should not be underestimated. The Italian Competition Authority (AGCM) that...

A law proposal relating to the possible ban of advertising practices in the gambling sector in Italy is currently under discussion. This comes from a number of law proposals which are aimed at better protecting players introducing for instance measures for the blocking on transactions to non-Italian licensed websites, the increase of penalties against players gambling on non-Italian licensed platforms, the introduction of more stringent checks on shareholders of Italian licensed companies and their deals with tax heaven based companies etc. The different law proposals are currently reviewed and the Commissions of the Parliament are likely to shortly publish a new proposal merging the current proposals. Needless to say that a complete ban of advertising practices for gambling operators would mean a considerable damage...

The gaming conference of the University of Milan disclosed a growth of 7% of the Italian online gaming market in 2011 driven by the launch of casino and cash poker games while the "traditional" games (i.e. sportsbetting, bingo, poker tournament and skill games) showed a reduction of 20%.The Politecnico di Milano which is the Univerisity of Milan that each year publishes a report on the Italian gaming market confirmed the considerable growth of the market due to the new games and in particular by poker cash games that for instance in the month of December 2011 represented 57% of the market followed by casino games (that do not currently include slots) with 26% and traditional games with 17%. These data...

Italian licensed operators have spent a very nice week-end, the frightening increase in the taxation for casino games, cash poker games and videolotteries has not been included in the so called fiscal decree approved last Friday. We shall monitor the situation in the next months to see whether the Government will think again about it, but the time being the risk has been avoided. Feel free to contact me, Giulio Coraggio if you want to discuss it....

During the last days everyone has been discussing about the "crazy" potential Italian gaming tax changes and the consequences of the decision of the European Court of Justice on the Costa Cifone case involving the Italian licensing regime. However maybe it was slightly missed the exact scope of the decision.As background information Stanley Bet runs in Italy a very successful business model based on 200 agencies in the form of DTCs i.e. these agencies do NOT hold any Italian land-based or online gaming license issued by the Italian Gaming Authority (AAMS) and do NOT pay any Italian gaming taxes, but are mere Internet cafes that offer bets under the Stanley's UK gaming license. Mr. Costa and Mr. Cifone were the...

According to rumours the Government is planning to change the tax regime applicable to casino and cash poker games and to introduce stricter measures against the offering of games to Italian players through non-Italian licensed gaming websites. The main changes might involve the tax regime for cash games and casino games switching from a 20% net profits regime to a 1% turnover regime so vanishing all the efforts performed to introduce a more reasonable tax regime. This measure might be part of a major decree named the "Fiscal Decree" which among others might increase up to 1,000% of the amount bet fines against Italian players playing on non-Italian licensed gaming websites and up to € 200,000 the fines against entities (e.g. affiliate...