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gaming

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...

The gaming conference of the University of Milan disclosed a growth of 7% of the Italian online gaming market in 2011 driven by the launch of casino and cash poker games while the "traditional" games (i.e. sportsbetting, bingo, poker tournament and skill games) showed a reduction of 20%.The Politecnico di Milano which is the Univerisity of Milan that each year publishes a report on the Italian gaming market confirmed the considerable growth of the market due to the new games...

Italian licensed operators have spent a very nice week-end, the frightening increase in the taxation for casino games, cash poker games and videolotteries has not been included in the so called fiscal decree approved last Friday. We shall monitor the situation in the next months to see whether the Government will think again about it, but the time being the risk has been avoided. Feel free to contact me, Giulio Coraggio if you want to discuss it....

During the last days everyone has been discussing about the "crazy" potential Italian gaming tax changes and the consequences of the decision of the European Court of Justice on the Costa Cifone case involving the Italian licensing regime. However maybe it was slightly missed the exact scope of the decision.As background information Stanley Bet runs in Italy a very successful business model based on 200 agencies in the form of DTCs i.e. these agencies do NOT hold any Italian land-based...

According to rumours the Government is planning to change the tax regime applicable to casino and cash poker games and to introduce stricter measures against the offering of games to Italian players through non-Italian licensed gaming websites. The main changes might involve the tax regime for cash games and casino games switching from a 20% net profits regime to a 1% turnover regime so vanishing all the efforts performed to introduce a more reasonable tax regime. This measure might be part of...