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Italian regulatory authority submits document defining new rules for iGaming

PASA News
PASA News
·Mars

The Customs and Monopoly Agency (ADM), responsible for regulating gambling in Italy, has submitted a document to the Ministry of Finance detailing the new rules for online gambling licenses.

Previously, this framework was published in the Parliamentary Gazette in April.

The new license fee is 35 times the license fee of 200,000 euros introduced in 2018, and operators must also pay 3% of the annual gambling gross revenue (GGR) after taxes. The Ministry of Finance explained the reason for this increase, stating that market dynamics have changed due to a few large operators dominating the market, including SNAI, Lottomatica (after acquiring SKS365), Flutter, and Entain.

Once the Ministry of Finance and the State Council issue binding opinions on this framework, it will be incorporated into the Italian Gambling Reorganization Decree, which currently deals with physical gambling matters. Technical rules also need to be submitted to the European Commission for assessment, thus requiring a three-month standstill period.

The licensee must ensure that games and systems are verified by external certification bodies, while ADM will gain new control powers to monitor player funds.

Head of ADM's online office, Antonio Giuliani, stated:

The agency will set a date for existing operators to start collecting bets under the new system. Other operators will have up to six months to launch the system according to legal regulations. We will ensure that existing licensees and new operators obtaining licenses enjoy the same conditions.

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