Expanding industry social responsibility provisions, the Amministrazione Autonoma dei Monopoli di Stato – AAMS, Italy’s lead regulatory body for gambling/betting services has launched it’s consumer ‘Unique Self Exclusion Registry’ (self-exclusion programme). The programme forms part of the ‘Digital Gaming Observatory’ research foundation, supervised by the Politecnico di Milano (Milan Technology University) and is further supported by Italian state financial auditor SOGEI. …
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Playtech moves into Italy with €846m Snaitech acquisition
Major industry supplier Playtech has pulled off an audacious move with an agreement to purchase Italian bookmaker Snaitech. The initial deal will see Playtech acquire 70.6% of the operator after which it will be compelled to make a mandatory takeover offer for all the remaining shares. Commenting on the transaction, Mor Weizer, Chief Executive Officer of Playtech said: “The acquisition …
Read More »AgiproNews’ Italian View – PokerStars enhances its position in record breaking March
March 2018 has been a fruitful month for Italian online casino stakeholders, setting a new industry revenue record of €60.6 million, Italy’s highest trading figure to date. The Stars Group’s Italian PokerStars property maintains its position as top Italian online casino securing a marketplace revenue share of 9%. However, PokerStars.it is closely followed by legacy casino incumbents Lottomatica and Sisal, …
Read More »AgiproNews’ Italian View – Virtual Sports market is heating up
Italian engagement with Virtual Sports betting products is on the rise, as latest industry figures show that gross gaming revenues (GGR) have hit the €42 million. A traditional retail product, Virtual Sports has gained a positive uptake through online betting platforms, as Italian betting operators move to expand their betting content. In the first two months of 2018, bookmakers have …
Read More »Next Chapter… Sky Bet seeks to replicate UK success abroad
A tech-savvy Sky Betting & Gaming (Sky Bet) dominated Monday’s industry headlines reporting stellar half-year results. Focusing on the in-house development of its platforms and systems, combined with rich data for greater personalisation of its website and mobile verticals, Sky Bet continues to show its technology pedigree against the industry’s legacy incumbents. City analysts are keeping a close eye on …
Read More »AgiproNews’ Italian View: Azzurri bookmakers fear no summer love
Italian bookmakers and wider industry stakeholders are making adjustments to the daunting reality that Russia 2018 will feature no Azzurri! For the first time since 1958, there will be no Italian representation at a FIFA World Cup tournament. Italy now faces a summer of soul searching for its downtrodden Calcio, as business analysts estimate a + €1billion hit for the …
Read More »Domestic uncertainty sees Betaland look east
Despite domestic political uncertainty dominating the Italian business agenda, the governance of Betaland will push ahead with its international expansion strategy. This week, Betaland’s operating company OIA Services communicated that it had retained the services of top Italian gaming lawyer Quirino Mancini of Tonucci & Partners, who will consult the operator on entering foreign jurisdiction and its licensing procedure. Seeking new ground, …
Read More »AgiproNews’ Italian View: All to play for in growing Italian betting market
The month of February saw significant growth within the Italian betting sector, which generated gross gaming revenues (GGR) of €124 million up a staggering 260% on February 2017 revenue figures. The market share for Italian wallets is closely contested by its licensed incumbents. February saw Group GmbH Austria’s Sks365 brand take the lead with 13% of total sector revenues, from former …
Read More »AgiproNews’ Italian View – New government faces same old industry dilemmas
Whatever form the next Italian government takes following this March’s ground-breaking general election results, Italy’s new political taskmasters’ will have to revamp the country’s existing gambling framework. A coalition government, led by the legislative novices of the 5-Star Movement has a daunting task in creating a more cohesive industry framework, in-line with business provisions set out by Italy’s new ‘Stability …
Read More »BetGames.TV secures Italian channel through SNAITECH GAN platform
Industry live games developer BetGames.TV expands its presence within the Italian gambling sector having agreed terms to distribute its live content through the SNAITECH’s Global Adaptation Network (GAN) platform. BetGames.TV was recently accredited by Italy’s Amministrazione Autonoma dei Monopoli di Stato (AAMS) as a developer of games for the Italian licensed market. Securing distribution of its live content through Snaitech’s …
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