The Italian gambling authority, AAMS, has now approved regulations concerning bets on virtual events which because of their tax treatment might have a considerable impact on the Italian sportsbetting market.

As reported in a previous post, the Italian Parliament has passed regulations on gaming advertising that will come into effect from the 1st of January 2013.  However, in order to clarify the scope of such gaming laws, the Italian gambling authority, AAMS has issued instructions on logos and statements to be incorporated in any gambling ad.