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Copyright Giulio Coraggio 2018

 

The Italian gaming authority has sent to the EC Commission the draft decrees regulating (i) videolotteries and (ii) cash games and fixed odd games of chance. The EC Commission will have now a 90 days period to raise any relevant comment or request of amendments. Prior to expire of such term the decrees cannot be issued and therefore licensees will not be entitled to lauch such games.The most relevant contents of the draft decrees are the following:VIDEOLOTTERIESthe maximum cost of a single game shall be € 10 with a minimum stake of € 0.50, while the the maximum allowed wins for each single game will be € 5,000 with the exclusion of the jackpot whose value shall not be higher...

According to the press, Ca Vendramin Calergi, the company that manages the Venice Casino, has put on sale its stake in the Casino. Currently a Russian entrepreneur and a Greek company appear interested. It is not still clear at which stage the negotiations are. The Venice Casino had revenues of € 200 millions in 2008....

The rules governing the gaming sector so far were an incredible amount of different rules which were never enough clear making the legal boundaries of the gaming sector sometimes uncertain. The recent coming into force of the so called Community Law 2008 made the playfield much more attractive for gaming operators.Through this law, the Italian Parliament (i) set forth the requirements for new operators to obtain an online Italian gaming license which will not be subject anymore to the performance of calls for tenders; (ii) expressly listed the most relevant clauses which gaming account agreements to be entered with players have to contain and (iii) more importantly raised up to 3 years of imprisonment the sanctions for operators offering their...

  It seems that the Italian Government has understood the enormous potentialities of the gaming market. Following the recent earthquake in the centre of Italy, as part of plan aimed at collecting funds for the rebuilding of the destroyed areas, it has been issued a decree empowering the Italian gaming authority to regulate, among others, online poker cash games and fixed odd betting with direct interaction between players. Indeed, as far as online poker games are concerned, licensed operators could only run so far poker tournaments and solitaire which were launched at the end of last year and were the very hot games of the Italian winter with new operators trying to attract more and more players offering incredibly high jackpots.The specific...

 The Italian gaming authority (AAMS) has just issued the regulations governing the online bingo. The operators holding an offline bingo license will be merely required to go through an authorisation process which is subject to the fulfilment of some technical requirements and the provision of bank guarantees to obtain the right to offer online bingo to Italian residents.The price of each bingo card shall vary between € 0.10 and € 5.00 and will be determined by the licensee with reference to each game. Also, the decrees of the AAMS governing the bingo game require that 58% of the amount collected from the sale of the cards is converted in prizes, while the tax burden is equal to 20% of...

The Times Online reports that Ladbrokes, the English bookmaker, has decided to put on sale its 170 Italian betting shops for an estimated £ 50 million. According to the Times Online, the main reason of this decision is that "the continued presence of illegal shops, increased competition and the withdrawal of the protective distance rule". Indeed, a number of operators are currently putting pressure on the Italian gaming authority (the AAMS) to adopt more stringent measures against unlawful gaming to protect their investments.I agree that this is a very relevant issue, but as already reported (see Action Plan against Unlawful Gaming), a law empowering the AAMS to implement an action plan aimed at substantially limit unlawful gaming has been...

Life is becoming more and more difficult for gaming and gambling providers in Italy. Indeed, the Parliament has recently approved a law prescribing the implementation of an action plan against unlawful gaming especially in the online sector.This measure follows the coming into force of a law introducing criminal sanctions up to 3 years of imprisonment for the provision online or offline of gaming, betting and gambling activities to the benefit of Italian residents without an Italian gaming license. Indeed, Italian law prescribes that only providers (wherever located) holding an Italian gaming license issued by the Italian gaming authority can offer gaming and betting services to Italian residents.However, this statutory obligation is difficult to implement in the online world since websites...

The Italian Senate has just passed a new law that further regulates the always closer launch of the so called "Videolottery" (VLT) i.e. video terminals to be placed in gaming halls and that will randomly generate winning combinations.The new law prescribes that - up to the expire of the current network licenses concerning the so called NewSlots (a type of legalised slot machines) - the network licenses for VLTs will be assigned to the current NewSlot licensees which will require the extension of their license by November 20, 2009 AND to other operators selected by the Italian gaming authority (AAMS) which shall fulfill the same conditions required to the current licensees.This measure is clearly aimed at allowing the...

As part of a project aimed at fostering the development and internationalisation of the companies, the Italian Parliament has recently passed a law prescribing, among others, the corporate liability for copyright related crimes.Indeed, Italian copyright law already prescribed criminal sanctions for the provision to the public on communications networks of copyright protected works (e.g. through P2P networks) and for the copying and publication of films and television programs (e.g. on video hosting websites) in breach of copyright owners' rights, but such sanctions could be enforced only against the natural persons responsible for the unlawful conduct (e.g. the director managing the department responsible for the conduct). Following the coming into force of the new law, also the company itself can now...