Agipro News

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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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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Catena says ciao to Italy following €19m media divestment

Catena Media

Catena Media has shed further insight into the full sale of its sports betting and casino media assets for Italy. The transaction was announced this morning, separate from its Q3 trading update, in which Catena detailed continued revenue declines as it transitions its North American network from cost-per-acquisition (CPA) contracts to a revenue share model. A deal to sell its …

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Lottomatica deepens home advantage acquiring SKS365 for €640m 

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

Lottomatica SPA has informed the Borsa Milan that it has settled on terms to acquire SKS365 Malta, the operating company behind the PlanetWin365 (sportsbook) and PlanetPay365 (arcade) brands, for an enterprise value of €639m. The acquisition, confirmed today, means that Lottomatica SPA is set to become the outright largest omnichannel gambling group in the Italian market.  Lottomatica’s deal entails taking …

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Lottomatica lauds 30% online revenue jump in Borsa return

SBC News Lottomatica lauds 30% online revenue jump in Borsa return

Lottomatica Group  asserts it is set to achieve all primary goals set for its re-listing on the Borsa Milan by May 2023. Publishing its year-to-date trading results for the initial nine months of 2023, Lottomatica reported gross gambling revenue (GGR) of €2.8bn, showing a 7% pro-forma growth across all fundamental business segments. The rise in the headline GGR mirrors a …

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MEF calls on overhaul of Italy’s stagnant online gambling laws 

Italy

Sweeping changes loom on the horizon for Italy’s online gambling sector, as the Ministry of the Economy and Finance (MEF) is set to publish a preliminary decree of amendments and resolutions.  Of significance, the MEF’s decree will demand the government review Italy’s existing online gambling laws, marking the sector’s first regulatory evaluation since the authorisation of online gambling in 2011. …

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EGBA: Italy’s €1bn black market loss should end Dignity Decree ad-ban 

Maarten Haijer, Secretary General of EGBA

The European Gaming & Betting Association (EGBA) is monitoring developments related to Italy’s online gambling marketplace being impacted by black market activities. Concerns follow a recent investigation by La Gazzetta dello Sport, which documented that the total Italian wagers placed on the black market (land-based and online) are estimated at €25bn per year. The report cited that of the estimated …

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