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Copyright Giulio Coraggio 2018

gaming

AAMS has published the new protocol of communication that will regulate the offering of bingo games under the new regulations which will shortly come into force, but more interestingly AAMS published some FAQs on the future of Italian bingo regulations. As expected, the general impression is that AAMS is still willing to keep bingo as a very soft game and indeed, apparently it will not be possible for offer pre-seeded jackpots. Also, still to be decided is whether it will be...

AAMS has just published the draft version of the new protocol of communication PSQF introducing the possibility to offer sportsbetting markets not included in the AAMS' official schedule, the so called palinsesto.We previously reported that the draft decree allowing operators to offer in addition to the type of bets and events included in the AAMS' official schedule their own customised sportsbetting bets had been submitted to the European Commission. The draft decree has been approved by the European Commission and...

The Bank of Italy has issued indicators of suspicious money laundering conducts with which both banks dealing with gaming operators and gaming operators themselves shall comply. As previously reported, Italian anti-money laundering law provides specific provisions in relation to the gaming sector and operators are subject to very stringent requirements. In this respect, the new indicators identified by the Bank of Italy shall require the update of the anti-money laundering policy of both banks and operators.   In particular, Italian law provides a very...

There will be No additional taxes on online gaming in Italy according to what declared by the director general of the Italian gambling authority, Mr. Luigi Magistro, at the online gaming conference organized by the European Social and Economic Committee.Mr. Magistro took a very wise position stating that the taxation in the online gaming sector needs to be low because this might be the sole effective measure against the competition from unlicensed operators. A low taxation may as a consequence...