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The 3 months consultation before the European Commission of the draft decree regulating the new Italian gaming license regime will expire on the 19th of March. However, there are already rumors on the potential outcome of the consultation. Indeed, it appears that the comments raised by some operators will oblige the Italian gaming authority to require a 3 months consultation before the European Commission also in relation to the further decrees implementing the abovementioned draft decree which will lead to further delays.
This means that up to the full implementation of the decrees setting out the new licensing regime, new entrants in the Italian gaming market will not be able to apply for an Italian online gaming license.
If these rumors are confirmed, the sole current options open to operators that want to enter in Italian gaming market in the shortest possible term are to purchase either an Italian license or the entire Italian licensed entity from another operator. This solution would entitle new entrants to be immediately active in a market that will be rapidly evolving because of the recent launch of online bingo and of the upcoming launch on poker cash games and casino games.
Feel free to contact me, Giulio Coraggio, if you want to discuss the above.
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