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Copyright Giulio Coraggio 2018

gambling

Like every year, myself and my colleagues from different jurisdictions of our global gambling law team will be next week in Barcelona for the EiG, the European iGaming Conference. And as usual if you want to have a chat on your potential plans of expansion in Italy or in other worldwide juridictions or merely drink a beer discussing about the future of the igaming market, feel free to contact me, Giulio Coraggio ([email protected]), also as usual I will be twitting about...

the 12 months ban on gaming in Italy is likely to be a joke! The Italian gaming market has suffered a period of high tension today when the Italian Parliament has approved a motion instructing the Goverment to urgently ban for 12 months both online gaming and land-based gaming systems located in public places (i.e. AWP and VLTs). However, the Ministry of Finance immediately issued a statement declaring that such motion is inapplicable and would create catastrophic consequences in terms of...

  The Italian Government has passed the previously reported law decree granting to Italian videolottery operators the option to settle the aggregate € 2.5 bn fines issued in 2011 against them through the payment of at least 25% of their value even if the payment shall be performed very soon. But in a market where operators are already bearing considerable investments since the offering of videolotteries is still in a start up phase, what will be the reaction to this unexpected...

€ 2.5 bn aggregate fines issued against Italian videolottery operators are likely to be settled with the payment of around  € 600 M according to recent statements from the Italian Government.  We previously reported that as part of a dispute relating to the disconnection of AWP machines from the servers of the Italian gambling authority, the Italian Accounting Court had issued fines against all the Italian AWP and VLT licensees whose aggregate value is of € 2.5 bn. Such fines...