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Playbonuscasino.com reports that Italian casinos and foreign casinos located close to Italian borders fear the negative consequences that might potentially derive from the launch of Videolottery casinos.
As already discussed, the setting up of gaming halls dedicated to Videlotteries (VLTs) (the so called “VLT casinos”) is expected to lead to considerable changes in the Italian gaming market where presently there are only 4 casinos, all located in the North of Italy (Venice, Sanremo, Campione d’Italia and Saint Vincent), and the opening of further casinos is prohibited by criminal laws, unless legislative developments occur.
Because of the legal constraints to the opening of additional “real” casinos, casinos located close to Italian boundaries attract a considerable number of Italian players and – for instance -they reppresent 80% of the Lugano casino’s clients.
Because of the legal constraints to the opening of additional “real” casinos, casinos located close to Italian boundaries attract a considerable number of Italian players and – for instance -they reppresent 80% of the Lugano casino’s clients.
Following the launch of VLT casinos, some of the current Italian real casino players might prefer VLT casinos to real casinos taking into account on one hand that VLT casinos will be located in most of the Italian cities and therefore will reppresent a very convenient solution and on the other hand VLTs will award prizes up to € 500,000 which might be equal or exceed those of real casinos.
VLTs might become an additional channel of business for Italian casinos that might open VLT casinos on the Italian territory taking advantage of their consolidated brand and experience in the sector, but also other gaming operators are planning to set up VLT casinos whose appearance will recal real casinos and for this purpose they are currently recruiting casino managers from any part of the world.
The Italian gaming scenario will therefore substantially change in the next two years and it will be interesting to see which operators will become the leaders of a market to be created from scratch.
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