Gruppo Lottomatica had praised the standout performance of its Italian online gambling subsidiaries, ahead of its corporate expansion integrating the assets of SKS365. Publishing its Q1 trading results, the Borsa Milan gambling group generated a record betting volume of €8.7 billion, primarily attributed to a 36% increase in online wagers to €5 billion. Q1 Gross Gaming Revenues (GGR), calculated by …
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Vermantia: Italian success requires constant innovation
Vermantia’s Commercial Director Amanda Coca sits with SBC News for the first time to discuss her return to the company after a spell away, the firm’s Italian market success story and more. SBC News: You have recently rejoined Vermantia after a spell away from the company. What was it about the company that made you rejoin and can you tell …
Read More »Italy settles on €7m licences for online gambling concessions
The government of Italy has settled on the new framework of licences for online gambling concessions. A new structure for Italian online gambling concessions was published yesterday by Parliament’s Gazette as an amendment carried forward by the government’s ongoing ‘Reorganisation of Gambling‘ decree. Recognised as a principal objective of the planned overhaul of Italian gambling laws, the government seeks to …
Read More »Italy must clear Regional Sensitivities on Decrees’ retail orders
Italy’s Ministry of the Economy and Finance (MEF) has begun discussions with regional executives on how the changes from the decrees to ‘Reorganise Gambling’ will be applied. Negotiations have begun in which the Ministry has been instructed to secure alignment for new federal laws on gambling to be implemented across Italy’s 20 autonomous regions and 100 municipalities. Changes primarily impacting …
Read More »Francesco Totti named Betsson.sport ambassador in Italian market entry
Betsson.sport has named Francesco Totti as an ambassador as the group launches its new sports infotainment platform in Italy. Stockholm-listed Betsson praised the Italian football legend for his ‘exceptional talent’ and ‘illustrious career’, whilst the partnership will focus on delivering exclusive content, interviews, news and highlights across various sporting disciplines. Ronni Hartvig, Chief Commercial Officer of Betsson Group, commented: “Italy …
Read More »X takes the axe from Italy’s media regulator over gambling promotion
AGCOM, the Media and Communications Authority of Italy, has summoned a €1.35m fine on X (formerly Twitter) for continuing to promote gambling advertisements and content to Italian audiences. According to the ruling, AGCOM has found nine separate instances of illegal advertisements that have come from different user accounts, all of them verified by the blue checkmark of the X platform. …
Read More »Betsson launches in Italy as new challenger
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 …
Read More »Betsson expected to become Inter Milan shirt sponsor
Betsson has reportedly secured a partnership with Inter Milan to become the club’s main shirt sponsor for the 2024/25 season. Paramount+ has been the main shirt sponsor of the Serie A side since the final two matches of last season, but the deal with the American streaming service is set to expire at the end of the season. According to …
Read More »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 …
Read More »Italy’s Provinces seek compensation on duties of the Reorganisation Decree
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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