Agipro News

Seeking to expand its regulatory frameworks for new technology disciplines, the Italian Senate Committee for Corporate Affairs has approved the nation’s first blockchain focused legislative directives. The draft mandate aims to deliver an initial legislative framework for technologies and IT systems, which operate financial transactions/engagements/exchanges through decentralised registries, ledgers or crypto-based protocols. Developing its first legislative proposals, the Italian Senate …

Paul Fox, Chief Executive of Asian focused online gambling operator LeTou has proclaimed a positive and progressive first six months for the betting brand’s key partnership with Serie A football team Internazionale Milan. Back in August 2018, Philippines based LeTou extended its European football sponsorship portfolio becoming the ‘Official Asia Gaming Partner’ of the Nerazzurri, securing its biggest sports partnership …

OIA Services LTD, the Malta-based holding company of Italian betting operators ‘Betaland’ and ‘Enjoybet’ has been allowed by magistrates to unfreeze its business verticals. Both Betaland and Enjoybet brands had been placed under investigation by the joint ‘Galassia’ taskforce formed by the Italian police and financial authorities’ investigating multiple charges of corruption, fraud and money-laundering. Since November 2018, the digital …

Sky Betting & Gaming (Sky Bet) has frozen user access and transactions to its Italian sports betting property – Sky Bet Italia (SkyBet.it), as the online gambling group prepares to merge its assets with new owner The Stars Group Inc. Sky Bet has confirmed to SBC, that it has no plans to withdraw its brand or services from the Italian …

Italian online gambling trade body LOGiCO has praised, Italy’s communications agency AGCOM for implementing a common sense approach in its judgement of betting sponsorship restrictions imposed by the Lega-5Star coalition government’s Dignity Decree. Last week AGCOM supported Serie A governance in its appeal to clarify betting sponsorship restrictions which were set to be implemented from 1 January 2019. In its …

In a surprise move, Italy’s communications agency AGCOM has issued an official statement to Italian football clubs, detailing that betting/gambling shirt sponsorships can continue until July 2019. AGCOM’s statement follows an appeal issued by Serie A governance, who last week demanded that Italy’s Ministry for Economic Development, clarify betting sponsorship restrictions set-out in Lega-5Star’s ‘Dignity Decree’, which football stakeholders have …

Italian news sources have reported that Ian McLoughlin has stepped down as Chief Executive of SKS365 Group, the operating company of ‘PlanetWin365’ Italy’s second largest retail and online bookmaker. McLoughlin’s departure is further followed by the resignation of Angela Gemma as General Counsel of SKS365 and the exit of Aaron Meli as Group Financial Controller. The company has quickly instigated …

Approving the Lega-5Star coalition ‘Budget Law’ on the weekend before Christmas, Italy’s Senate has delivered coal to betting stakeholders’ festive stockings, as a miserable 2018 closes its curtains. From 1 January 2019, Italian land-based and online gambling incumbents will have to undertake a number of quick adjustments to a new tax reality, as Lega-5Star seeks to collect circa €700 million …

The European Court of Justice (CJEU) has delivered its judgement on Stanleybet’s challenge of the Italian Customs & Monopoly Authority – ADM’s sole lottery concession model/framework. The CJEU rejected the joint appeal of Stanley International and Stanleybet Malta, which stated that the Italian government and its regulatory counterparts had denied betting incumbents services by enforcing an ‘exclusive national concession’ for …

Italian gambling has been rocked by the anti-Mafia taskforce investigation into illegal/fraudulent gambling activities conducted across Southern Italy. This November, the anti-corruption taskforce of the financial and federal police had conducted eighty search warrants arresting sixty-eight suspects on charges of corruption and fraud. The criminal investigations targeting the coastal cities of Catania, Reggio Calabria and Bari, are reported to have seized assets worth …