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The long awaited decree regulating online poker cash games and casino games in Italy has been finally published on the Official Gazette and Italian licensed operators will be able very shortly to offer such games.
The decree prescribes that:
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operators need to go through an authorization process relating to their platform and each game they intend to offer;
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the gaming tax applicable on cash games and casino games is 20% of the revenues (i.e. turnover net of amount returned to players);
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at least 90% of the amount collected from players is allocated to the jackpot;
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the maximum initial stake cannot be higher than € 1,000.
Also, the decree increased up to € 250 the maximum buy-in for skill games (including tournament based poker games) and also allowed the organization of multilevel tournaments where the winner of a gaming session (e.g. a qualification tournament) is obliged to invest the win as a buy-in for the subsequent gaming session (e.g. the final tournament).
The launch of such games is likely to considerably change the Italian gaming market during the course of this year; operators that will be able to the launch the most interesting games, are likely to attract a considerable number of players in a very short term.
If you need clarifications on the decree on cash games and casino games, on the relative authorization process and on some others related issues, feel free to contact me, Giulio Coraggio.
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