Italy

Betsson launches in Italy as new challenger

Betsson

Betsson has announced that it has officially launched in Italy with its sports betting offering. Described as a ‘strategic move’, the Swedish operator looks to further demonstrate its expansion into new markets which has accelerated across multiple different regions.  Ronni Hartvig, Chief Commercial Officer of Betsson Group, described how the country has grown significantly in importance for the Betsson AB-owned …

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Lottomatica lauds Italy online market share gains ahead of SKS enlargement 

SBC News Lottomatica lauds Italy online market share gains ahead of SKS enlargement 

Lottomatica Group SPA states that it has achieved all corporate objectives of a transformative 2023, as its business prepares to become Italian gambling’s outright market leader by acquiring SKS365 Group.  Publishing its full-2023 accounts this morning, Lottomatica announced corporate revenues of €1.63bn, up 12% on FY2022 results of €1.49bn. Growth in headline revenues reflects Lottomatica generating consolidated bets (volume) of …

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Italy’s Provinces seek compensation on duties of the Reorganisation Decree

Italy

The Presidents and Councillors of Italy’s 20 autonomous regions and 100 municipalities have been advised to support the government’s plans to reorganise gambling. The plea was cited by the Conferenza Unificata (CU), the body charged with fostering cooperation between the Italian state and the governments of autonomous regions and municipalities. The CU has reviewed the government’s reorganisation decrees for land-based …

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Novibet focused on international growth strategy

Novibet CEO George Athanasopoulos

There are few industry challenges that Novibet CEO George Athanasopoulos has not faced in the last two years, he told Issue 28 of SBC Leaders magazine, but the business remains on a significant growth path as it expands into new markets far away from its European base.  ——————————————————- Anyone at the head of an ambitious business can expect to be …

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EGBA: €7m licence fee ‘unwarranted’ in new Italian licence proposals

SBC News EGBA: €7m licence fee ‘unwarranted’ in new Italian licence proposals

The European Gaming and Betting Association (EGBA) has expressed its concerns over the proposed new Italian decree on online gambling. Currently under discussion in the Council of Ministers, the decree would introduce a significant reorganisation of the sector, particularly regarding the cost of licence fees.  Furthermore, the possible introduction of (quasi) prohibitive licensing regimes and fees also raises concerns on …

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Italian Gambling stands against MEF orders ahead of 2024 transformation

SBC News Italian Gambling stands against MEF orders ahead of 2024 transformation

Italy’s government has been warned not to proceed with the ‘reorganisation decree of online gambling’ as proposed by the Ministry of the Economy and Finance (MEF). The demand was made by the Italian online gambling trade association Logico, hosting a press conference last week, expressing ‘unified concerns’ about key proposals endorsed by MEF to overhaul Italy’s stagnant online gambling laws. …

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AGCOM fines Google and Twitch for Dignity Decree violations 

SBC News AGCOM fines Google and Twitch for Dignity Decree violations 

AGCOM, the Media and Communications Authority of Italy, has imposed fines of €2.25mand €900,000 on Google and Twitch, respectively, for violating the advertising laws of the Dignity Decree. The penalties were announced on 12 December and levied against the US tech giant’s European subsidiaries: Google Ireland Ltd and Twitch Interactive Germany. In its filing, AGCOM disclosed that it had initiated …

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Lottomatica plans €500m notes sale to fund SKS365 takeover 

SKS365 ‘In The Game’ in Italy as Planetwin365 Rome flagship store launched

Lottomatica Group has informed investors that it plans to issue €500m in debt notes to fund its agreed acquisition of SKS365 Malta Holdings for €640m. Struck on 2 November, the deal sees Lottomatica become Italian gambling’s largest omnichannel group, in which the company will absorb the 1000+ betting points of PlanetWin365 and 120 arcade venues of PlanetPay365—the flagship brands of …

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Oddschecker reveals itself as buyer of SuperScommesse

Oddschecker

Oddschecker Global Media has disclosed that it has acquired the Italian sports media property, SuperScommesse, from Catena Media. This morning, publishing its Q3 trading update, Catena Media informed that it had sold all of its Italian media properties to two undisclosed buyers for €19.8m. Oddschecker, known as the UK and Australia’s largest sports betting publisher, would later announce that it …

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