Ban on Gambling Advertising?

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 for the entire market as the competition would be limited to the odds and pay-outs. Hopefully the Italian Parliament will start involving in the discussions persons that know the gambling sector and the discussions might lead to advertising gambling regulations that are closer to those adopted in the UK bearing in mind that Italian misleding advertising and unfair commercial practices regulations are already very stringent and provide fines up to € 500,000.