Agipro News

Highlight Games continues Soccerbet momentum with SuperSport deal

HD virtual sports specialist Highlight Games has secured a new agreement with SuperSport to supply its Soccerbet product. The agreement sees Highlight Games supply both single match and league versions of its Soccerbet product across SuperSport’s online, mobile and retail divisions – both of which will be made available in both English and Italian. Soccerbet will feature footage from English …

Read More »

ADM reveals horror show March for Italian betting

Industry Q1 2020 figures published by Italy’s customs and monopolies agency (ADM) have depicted the grim reality of COVID-19 damages on Italian betting incumbents. Recording just 10 days of wagering activity during March, Italian betting recorded a near collapse across its retail and betting channels. ADM figures reveal that March online betting revenues (GGR) decreased to circa €49 million, representing …

Read More »

Mike Ciavarella: No Tweaking… A rebuilt Newgioco is the real deal for US Wagering

Newgioco Group Chairman and CEO Michele (Mike) Ciavarella has led an eight-year project to launch the Italian legacy outfit in the US, seeking to be the best-prepared technology incumbent tackling the world’s biggest and most diverse sports market. Speaking to SBC, Ciavarella details that technology stakeholders will face a rude awakening if they simply ‘copy-paste’ European strategies to US market …

Read More »

Italian sports calls to halt ‘Decree restrictions’ but government won’t listen

Leadership of Italian sports has urged the government to restore betting advertising for a 12-month period to support professional leagues, sports clubs, athletes and relevant stakeholders navigate COVID-19 disruptions. The call for a temporary suspension of Dignity Decree provisions on gambling advertising and sponsorship has been led by LEGA Serie A governance. Since July 2019, all Italian sports leagues have …

Read More »

Conte rescue plan eases tax burdens on Italian gambling

As Italy enters its fourth week of national lockdown, Italian gambling incumbents have been provided light relief by the government’s new economic measures. Prime Minister Giuseppe Conte has secured an initial €25 billion rescue package, aimed at primarily protecting company payrolls, mortgage repayments and commercial rents. Further measures see the government temporarily suspend tax duties for a number of ‘at-risk …

Read More »

IGT names Max Chiara as inbound Group CFO

IGT has concluded its four-month executive search after confirming the appointment of  Massimiliano ‘Max’ Chiara as its new Group Chief Financial Officer (CFO), effective from 6 April 2020. Max Chiara will replace long-term CFO Alberto Fornaro, who ended his nine-year tenure leading IGT’s financial units last December, joining South Korean e-commerce retailer Coupang Group.  Updating investors, IGT has stated that …

Read More »

AgiproNews Italian View – Retail lockdown sees betting face months of trauma

Complying with the Italian government’s ‘Public Health Decree’ sanctioned on Sunday 8 March, Italian gambling has officially gone into lockdown. The country at the centre of Europe’s COVID-19 pandemic has seen all retailers ordered to temporarily shut apart from food stores and pharmacies, as PM Giuseppe Conte enforces the toughest public stance minimising the spread of the virus and its …

Read More »

Newgioco limits Italian retail presence amid COVID-19 chaos

Issuing a corporate filing, Nasdaq-listed US Italian betting group Newgioco has confirmed that it has temporarily closed 150 of its betting shops located throughout Italy. Newgioco stated that the shop closures were undertaken complying with the Italian government’s ‘public health decree’ sanctioned on 8 March, as the nation’s health and emergency networks combat the COVID-19 virus epidemic. A week of Italian COVID-19 …

Read More »

Playtech shuts down Snaitech’s retail profile respecting Italian COVID-19 decree

Issuing a corporate filing, the governance of FTSE250 Playtech Plc has updated investors on its Italian market contingencies countering the COVID-19 virus outbreak. Stating that ‘Italy faces its darkest hours’, on Sunday night (8 March) Prime Minister Giuseppe Conte signed a decree that enforced severe restrictions on the movement of 16 million people within the regions of Lombardy and 15 …

Read More »

SKS365 names Massimiliano Mura as new legal and compliance lead

SKS365 Group, the operating company of Italian bookmaker PlanetWin365, has strengthened its senior leadership with the appointment of Massimiliano Mura as new Group Director of Legal and Compliance divisions. Prior to joining SKS365, Mura has amassed 13 years of experience in the legal sector, specialising in Italian gambling laws and compliance having served as corporate advisor to SKS365 competitor StanleyBet …

Read More »