Tag Archives: AgiproNews

MEF calls on overhaul of Italy’s stagnant online gambling laws 

Italy

Sweeping changes loom on the horizon for Italy’s online gambling sector, as the Ministry of the Economy and Finance (MEF) is set to publish a preliminary decree of amendments and resolutions.  Of significance, the MEF’s decree will demand the government review Italy’s existing online gambling laws, marking the sector’s first regulatory evaluation since the authorisation of online gambling in 2011. …

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ADM to fix Italian conflicts on Palpable Errors and Bonus Management

SBC News ADM to fix Italian conflicts on Palpable Errors and Bonus Management

ADM, Italy’s Customs and Monopolies Agency, has announced that it has begun work on ‘two new decrees’ to settle long running sports betting related disputes.    The agency which oversees the licensing and governance of the Italian gambling sector announced that it will update industry rules on ‘Palpable Errors’ and ‘Bonus Management’ – two areas that have conflicted Italy’s online bookmakers …

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Meloni speeds up retail reforms to fix Italy’s fractured gambling laws

SBC News Meloni speeds up retail reforms to fix Italy's fractured gambling laws

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 …

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Italy’s fiscal ministries ponder 1% betting turnover tax charge 

SBC News Italy’s fiscal ministries ponder 1% betting turnover tax charge 

To the dismay of Italian bookmakers, Valentina Vezzali, Undersecretary for Sports, has secured a debate on the introduction of a fixed 1% tax on betting turnover. The Sports Minister is reported to have held a meeting with Italy’s fiscal ministries to examine a further tax rise on betting incumbents. In attendance were representatives of Italy’s Treasury and gambling regulator ADM …

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Italy: Points of conflict stand on path to gambling reorganisation 

SBC News Italy: Points of conflict stand on path to gambling reorganisation 

Italian gambling has been notified of progress on the regulatory front, as state auditor Ragioneria dello Stato has approved the draft ‘reorganisation plan’ of the sector prepared by Italy’s Ministry of the Economy and Finance.  Securing its progress, the plan has been forwarded to the government, which will review proposed amendments to ratify a bill that will be designated to …

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Economic Ministry proposes new market safeguards to move Italian gambling forward 

SBC News Economic Ministry proposes new market safeguards to move Italian gambling forward 

Hope dawns for a much-needed reform of Italian gambling, as the Ministry of the Economy and Finance is reported to have taken charge of a ‘reorganisation plan’ to implement an overhaul of market safeguards.  Despite securing cross-party consensus during the close of 2021, Italian MPs failed to approve any gambling reforms to be adopted by Italy’s Budget Law for 2022. A …

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Italian sting implicates Malta businesses in money laundering network 

SBC News Italian sting implicates Malta businesses in money laundering network 

Italy’s federal police force has arrested 12 suspects connected to its ‘Operation Game Over II’ criminal investigation of illegal and mafia-associated gambling websites.  A dozen individuals have been charged on counts of criminal conspiracy to carry out the ‘fraudulent conveyance of assets’ through illicit online gambling businesses. Investigators cited that the suspects were processing illegal online wagers via websites belonging …

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ADM launches public information app to counter black market threats 

SBC News ADM launches public information app to counter black market threats 

Italy’s ADM – Customs and Monopolies Agency – has announced that it will launch a new app to inform the general public of all necessary information related to licensed gambling operators (retail and digital).  Titled ‘Gioco Sicuro’ (Safe Play), the app will be launched this November on IOS and Android stores. The ADM has disclosed that the app will “allow …

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Benvenuto Freni… New Treasury appointment backs Italian gambling reforms   

SBC News Benvenuto Freni… New Treasury appointment backs Italian gambling reforms   

A positive political outcome has dawned on Italian gambling as Federico Freni has been appointed the successor of Claudio Durigon as Undersecretary of Italy’s Economic Treasury.  Durigon, who had lobbied for gambling amendments to be reviewed as a measure of Italy’s next Budget Law, was forced to resign last month following controversial statements made in support of the fascist regime …

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Italian eyes on ADM’s judgement call on future concessions and licensing 

SBC News Italian eyes on ADM’s judgement call on future concessions and licensing 

Italy’s Customs and Monopolies Agency (ADM) has confirmed that sports betting concessions will be extended until 31 October.  The decision was authorised following an ‘in-depth assessment’ taken by the Ministry of the Economy to ‘apply a reprieve’ on betting licences that were due to expire at the end of June. Last year, at the peak of Italy’s COVID-19 outbreak, the …

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