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Copyright Giulio Coraggio 2018

gambling

The Italian betting exchange decree finally obtained the approval from the European Commission. As previously reported the approval of the decree had been postponed to the 18th of May because of the detailed opinion filed by Spain. However, it seems that the green light from the EC has now arrived. However, it is still unclear the future that this game will have in Italy since at the moment only two operators (Betfair and Microgame through Betdaq) seem to be interested in the offering...

Lowering of taxation for sportsbetting games, licenses for betting shops, dedicated bank account and further delays on the launch of live poker in the law of ratification of the so called Fiscal Decree. A law just published on the Italian Official Gazette provides the following: Sportsbetting Taxes: it has been removed the additional taxation for sportsbetting games if the payout is lower than 80% of the amount collected from players. Indeed, the previous regulations prescribed that under such scenario an additional tax...

The main issue of Italian sportsbetting regulations currently is that operators are allowed to offer only events and types of bets included in the official list issued by AAMS (the so called "palinsesto"), but this is going to change shortly as a consequence of a draft decree now notified to the European Commission.The draft decree allows operators to offer both events different from those included in the palinsesto and types of bet relating to events included in the palinsesto but...

We had reported of a law proposal aimed at introducing a complete ban on gambling advertising in Italy. However the latest good news are that more likely Italy will adopt an approach similar to the UK.According to the latest news, the Italian Government is going to submit to the Parliament an law proposal within the next 30 days which rather than providing a complete ban on gambling advertising will prescribe:   time slots when gambling ads can be broadcastthe obligation to...

A law proposal relating to the possible ban of advertising practices in the gambling sector in Italy is currently under discussion. 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...