Italy

ADM ordered to clarify laws on esports gaming venues

Italy’s Agency of Customs and Monopolies (ADM) has caused uproar in the esports community by shutting down three ‘digital entertainment venues’ located in the North of Italy.  The government agency that oversees gambling policies across Italy’s 20 regional provinces shut down the ‘three gaming halls’ that were deemed to have ‘lacked any form of authorisation, licence and concession’. The venues …

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Italy’s fiscal ministries ponder 1% betting turnover tax charge 

To the dismay of Italian bookmakers, Valentina Vezzali, Undersecretary for Sports, has secured a debate on the introduction of a fixed 1% tax on betting turnover. The Sports Minister is reported to have held a meeting with Italy’s fiscal ministries to examine a further tax rise on betting incumbents. In attendance were representatives of Italy’s Treasury and gambling regulator ADM …

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Entain’s Eurobet expands virtual sports portfolio via GlobalBet deal

Virtual sports supplier GlobalBet has entered into an agreement with Eurobet, an Italian market subsidiary of the international Entain group. The agreement will see GlobalBet provide Eurobet with its flagship Virtual Football PRO product and ADM licensed products across both online and retail verticals – with the latter covering multiple locations throughout Italy. Developed by GlobalBet’s in-house team, the virtual …

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Italy: Points of conflict stand on path to gambling reorganisation 

Italian gambling has been notified of progress on the regulatory front, as state auditor Ragioneria dello Stato has approved the draft ‘reorganisation plan’ of the sector prepared by Italy’s Ministry of the Economy and Finance.  Securing its progress, the plan has been forwarded to the government, which will review proposed amendments to ratify a bill that will be designated to …

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Entain Foundation initiates first time aid for grassroots sports in Italy

Entain Foundation has extended its support for grassroots sports to Italy through its partnership with non-profit organisation, Sport Senza Frontiere Onlus. For the first time, the collaboration will now aim to deliver a social inclusion programme through free access to sport for young people across Italy – where Entain operates through the Eurobet, bwin and Gioco Digitale brands. Andrea Faelli, …

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Economic Ministry proposes new market safeguards to move Italian gambling forward 

Hope dawns for a much-needed reform of Italian gambling, as the Ministry of the Economy and Finance is reported to have taken charge of a ‘reorganisation plan’ to implement an overhaul of market safeguards.  Despite securing cross-party consensus during the close of 2021, Italian MPs failed to approve any gambling reforms to be adopted by Italy’s Budget Law for 2022. A …

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IGT overhauls leadership as Marco Sala takes over Chairman duties

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

IGT Plc has executed an executive team and boardroom reorganisation, as Group CEO Marco Sala is appointed as Executive Chairman of the NYSE gambling technology group.  The appointment follows wider group developments, that saw IGT majority owner De Agostini SPA announce that Lorenzo Pellicioli had chosen to end his sixteen-year tenure as CEO of the Italian investment conglomerate. B&D Holding …

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Flutter eyes Italian podium place with €1.9bn takeover of SISAL

Flutter Entertainment Plc has this morning announced that it has secured definitive terms to acquire Italian gambling group Sisal for a consideration of €1.9 billion (£1.62bn). An agreement has been reached with US private equity fund CVC Capital – the current owner of SIsal – which will see the Italian market leader in online and lottery verticals transferred to Flutter’s …

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2022 Budget Law holds no reforms for Italian gambling

Italy’s Budget Law for 2022 has been approved without any gambling sector amendments being adopted by Parliament. The result will see no legislative progress for Italy’s gambling sector that requires definitive resolutions on betting shop, gaming machine and online gambling concessions. Without Budget Law amendments, 2022 points to another year of conflict between operators and Italy’s Customs and Monopolies Agency …

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