Agipro News

AGCOM, the Communications Authority of Italy, has been ordered to drop its €750,000 fine against Google’s Italian business.  The decision follows a judgment made by the Administrative Court of Lazio (Rome), which cited that Google had not violated the rules of the Dignity Decree of 2018. Google had issued an appeal to the Lazio Court contesting fines totalling €750,000 imposed …

Allwyn International cites confidence in achieving its full-year 2023 corporate objectives as group subsidiaries (legacy and acquired) maintain ‘organic growth’.  Publishing its Q2 ‘preliminary results’, an enlarged Allwyn sees its lottery portfolio generate consolidated revenues of €2bn for the first time and adjusted EBITDA of €381m (+35%). Headline growth reflects a 115% year-on-year increase, primarily driven by the recent acquisition …

 Italy will undertake a comprehensive overhaul of its gambling laws, as Parliament has officially authorised the approval of the ‘Tax Delegation Law’.  The legislation recognises Italian gambling as a sector requiring a “reorganisation of tax duties and the introduction of new player protection measures that aim to create a more transparent and accountable industry”. As such, the Italian government will …

The betting rights of Lega Serie A will be revised, as the Italian football top division invites tenders to service a range of media and data packages for the 2024/25 campaign. General terms for the Grant of Rights of Serie A have been published by Serie A management, underlying the strict fulfilment of data distribution requirements, authorisations and exclusivity of …

The board of IGT Plc has informed the media and stakeholders of the sudden passing of Fabio Cairoli, Chief Executive of the firm’s Global Lottery unit.  A figurehead in the global lottery industry, Cairoli’s passing has profoundly impacted both his colleagues and competitors in the field.  The CEO of IGT PLC’s Global Lottery division, Cairoli was recognised for his passion, …

International Game Technology (IGT) and Française des Jeux (FDJ) have signed a cross-licencing agreement covering distribution of each companies’ einstant games. The agreement, penned between IGT’s IGT Global Services Limited and FDJ’s B2B arm, FDJ Gaming Solutions France (FGS), grants each firm access to the other’s einstant suite. For London-based multinational group IGT, the deal enables the firm to deliver …

Italian gambling stands on the precipice of sweeping changes as the government advances with its plans of a “comprehensive reorganization of the sector.”  A pivot in the regulatory landscape of Italian gambling is currently in progress, with all eyes focused on the ongoing amendment of the Delegation Law.  Approved in April, by PM Giorgia Meloni sanctioned changes aim to reshape …

Lottomatica Group SPA has lauded its strong return on the Borsa Milan, announcing record results across its core business units.  Publishing its Q1 2023 trading results, Lottomatica achieved a consolidated betting volume of €7,3bn, up 33% on 2022 comparatives of €5.5bn. The Italian gambling group’s units achieved combined gross gaming revenue (GGR) of €442m, up 20% on Q1 2022 results …

A draft law is being fast-tracked across Italy’s constitutional ranks, to implement the long-awaited overhaul of the land-based gambling sector with the aim to standardise the sector’s laws and regulations.    The mandate, which was approved by the cabinet of PM Giorgia Meloni in mid-March, has been put forward to Parliament as of 20 April and will require the opinion …

Apollo Global has finalised plans to IPO its Lottomatica business on the Milan Euronext Exchange (Borsa Milan) at the end of April, as the US private equity group upsizes the capitalisation of the Italian gambling group to +€2.5bn. By returning Lottomatica to the Milan Borsa, dealmakers anticipate raising €425m through the IPO, funds that will be reserved to reward long-term …