Tag Archives: ADM

Italy seeks to shrink its online gambling field by 2023

Tightening control of Italy’s online gambling marketplace, the 5Star-DP coalition government seeks to reduce the number of incumbents participating in the market by 2023. Attached to 5Star-DP’s first Budget Law decree, the coalition government seeks to reduce the total number of Italian online gambling licences to 50, from its current 85 concessions. The proposed revision has been communicated by Italy’s …

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Italian government publishes its ADM ‘fiscal decree’ controls

The Italian government has issued further insight on its new fiscal decree order, which will be enforced upon all licensed gambling incumbents. Sanctioned on 16 October, the fiscal decree has been attached to the 5Star-DP coalition government’s first Budget Law mandate. It aims to provide Italy’s Customs & Monopolies agency ADM with the strictest controls to monitor gambling operators and …

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Vermantia: Timely racing content respite for Italy’s operators

racing

Italian horseracing fans are ready for an exciting summer with restrictions on broadcasting racing content from abroad set to be fully removed, just in time for the country’s operators to counter the loss of revenues from the impending ban on gambling advertising. We caught up with Fabio Massimo Molinari, Commercial Director at Vermantia – Italy, to find out more. SBC: …

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Italian ADM settles on final 67 online gambling concessions

Italy’s customs and monopolies agency – ADM, the governing body overseeing Italian gambling laws is reported to have finalised its long-awaited online gambling licensing procedure. Having revised Italy’s online gambling laws to include tougher AML protections and customer requirements on registration, the ADM has settled on sanctioning 67 new online gambling concessions. As communicated last February, the ADM has renewed …

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AGCOM lays out stark reality of Italian advertising ban

Italy’s media and advertising regulatory body has published its long-awaited guidance on Italian gambling advertising, bringing transparency to the approved ‘Dignity Decree’ mandate installed by the Lega-5Star coalition government. Italian betting stakeholders have waited a year for AGCOM to publish its regulatory guidance on the Dignity Decree, which from 14 July 2019 will implement an outright blanket ban on gambling/betting …

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AAMS gains new powers as Lega-5Star signs Italy up as Magglingen member

Italian betting incumbents will be forced to undertake further market adjustments as Lega MP and Undersecretary for Sports, Giancarlo Giorgetti confirms a wagering ban on all sports deemed to be played/participated at an amateur level. The Lega-5Star coalition government has sanctioned Italian gambling regulator AAMS to issue a new decree, which implements an outright ban on wagers placed on ‘competitions exclusively …

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AgiproNews Italian View: SKS365 new Counsel paints grim Italian picture

Speaking to Italian business news sources, Bepi Pezzulli, the new General Counsel of SKS365, Italy’s leading bookmaker, has detailed insights of the stark realities facing all gambling incumbents, under the governance of the Lega-5Star coalition government. Pezzulli forms part of a new SKS365 leadership team, who took control of the bookmaker in January, following a number of high-profile executive departures. …

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AgiproNews Italian View: Can new faces commit to Italy’s hazardous playground

Amid a frantic Italian gambling scene, in which its incumbents make drastic adjustments to a new tax regime and tougher regulatory demands imposed by the Lega-5Star coalition government, this February Italy’s ADM published its updated online licensee registry. In 2019, Italy’s online gambling marketplace will accommodate 66 licensed operators, as the Italian tax authority secures €13.2 million in licensing concessions, …

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Lega-5Star toughens policing code against gambling bad actors

As anticipated the Lega-5Star coalition government has turned up the heat on illegal gambling enterprises and black-market actors, moving to introduce Italy’s hardest stance on unlicensed gambling activities. Last week the Italian assembly confirmed that the government could move forward with its tax charge increases across all gambling verticals, announced during the year-end close of 2018. In its update, Lega-5Star …

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Ian McLoughlin CEO leads SKS365 executive departures

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 …

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