Tag Archives: Giuseppe Conte

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 …

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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 …

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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 …

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MGA seeks to strengthen cooperations as Malta Politics is rocked by further corruption claims

Michele Magro, General Counsel of the Malta Gaming Authority (MGA), has confirmed that the regulator will work with Italy’s ADM Customs Agency and further authorities to ‘eliminate criminal infiltrations in online gambling’. Magro confirmed to Italian betting news source AgiproNews that MGA officials had met with Italian counterparts in Rome to discuss regulatory cooperation and further information sharing to strengthen …

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Italy’s new coalition hikes taxes again on machine revenues

No respite will be offered to Italian gambling incumbents, as the newly installed 5Star-DP coalition government confirms the fourth set of tax hikes on gaming machines sanctioned over the past year. Inbound with 5Star-DP’s first ‘Budget Law’ decree, Italian gambling faces an increase in video lottery terminals (VLT) turnover tax to 9% – formerly set at 7.9%. Meanwhile, arcade operators …

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Italy calls for toughest stance governing gambling transactions

Italian gambling incumbents are set to undertake further market adjustments, as the new 5Star-DP coalition government publishes the draft decree of its planned ‘Budget Law’. Following on from 2019’s gambling advertising ban established by the former Lega-5Star coalition government, in 2020 Italy will move to establish new payment processing laws and operator AML registry. New fiscal provisions introduced to the …

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AgiproNews Italian View – Can DP make sense of Italian gambling

“Action against problem gambling will be reinforced” – proclaims the new program of the ‘centrist left’ coalition cabinet led by Prime Minister Giuseppe Conte, formed by the 5Star Movement and Italy’s Democratic Party (DP). Following intense debate and opposition by former coalition incumbent Lega, Italy avoids thus far a further constitutional crisis, as Rome’s lower house approves the formation of yet another …

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AgiproNews’ Italian View: October highs meet an autumn of disillusion

Italian betting and gaming continues to grow, but all incumbents face tough adjustments as the Lega-5Star coalition government maintains its hostile stance against the industry. October Data published by Agenzia delle Dogane e dei Monopoli (ADM) details a further record-breaking month for Italian online gambling. As the sector heads towards its upcoming Lega-5Star blanket ban on all forms of gambling/betting …

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AgiproNews Italian View: Industry faces anti-betting Lega – Five Star coalition

The tables have turned yet again for all Italian betting stakeholders, as the coalition of Lega and Five Star Movement, have been sworn in as Italy’s new government. On Friday new Italian Prime Minister Giuseppe Conte convinced Italy’s constitutional President Sergio Mattarella, to accept a Lega-5 Star government, having restructured the populist coalition’s executive cabinet and finance ministry. Conte will now lead …

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AgiproNews Italian View: Betting skips Coalition bullet, but political circus hurts all stakeholders

Last week’s failure by Giuseppe Conte Italy’s Prime Minister-designate to form a government has been met with relief by Italian betting industry stakeholders, yet angst remains as Italy faces yet another constitutional crisis. Leading the right-wing populist coalition of the Lega Nord and Five Star Movement, the only parties capable of forming a government, Conte was blocked by Italian President …

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