Privacy

Italian VLT Market: The first Data

After the launch of the videolotteries (VLT) in the Italian gaming market, now it is time to see what happened in the last months. Here is the first information available:
  • around 4,500 VLTs have been installed so far out of almost 57,000 VLTs that operators are entitled to install and 253 VLT gaming halls have been opened (of which over 100 belong to Lottomatica);
  • during the month of October 2010 the VLTs collected € 116 millions (i.e. more than € 3.5 millions per day) which makes the need to implement a proper system for the management of payments crucial;
  • the current VLT manufacturers that have successfully completed the testing phase with SOGEI are Inspired, Novomatic, Spielo and Ace Interactive, while Bally Technologies, BetStone and some others are in the process of completing it;
  • on the 30th of October 2010 the licensees had to pay the second (and final) instalment of € 7,500 per VLT that they have the right to install.
The data mentioned show that Italian players have welcomed the VLTs but the market is still in an early start-up phase. This scenario might be of interest for both providers of services to VLT gaming halls and for gaming operators that want to enter into the Italian market as new gaming licenses will be issued in 2011. Do you want to know more on the above? Feel free to contact me, Giulio Coraggio. 

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Giulio Coraggio

I am the location head of the Italian Intellectual Property & Technology department and the global co-head of the IoT and Gaming and Gambling groups at the world-leading law firm DLA Piper. IoT and artificial intelligence influencer and FinTech and blockchain expert, finding solutions to what's next for our client's success.

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