Italy

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 …

Approving the Lega-5Star coalition ‘Budget Law’ on the weekend before Christmas, Italy’s Senate has delivered coal to betting stakeholders’ festive stockings, as a miserable 2018 closes its curtains. From 1 January 2019, Italian land-based and online gambling incumbents will have to undertake a number of quick adjustments to a new tax reality, as Lega-5Star seeks to collect circa €700 million …

The European Court of Justice (CJEU) has delivered its judgement on Stanleybet’s challenge of the Italian Customs & Monopoly Authority – ADM’s sole lottery concession model/framework. The CJEU rejected the joint appeal of Stanley International and Stanleybet Malta, which stated that the Italian government and its regulatory counterparts had denied betting incumbents services by enforcing an ‘exclusive national concession’ for …

Italian gambling has been rocked by the anti-Mafia taskforce investigation into illegal/fraudulent gambling activities conducted across Southern Italy. This November, the anti-corruption taskforce of the financial and federal police had conducted eighty search warrants arresting sixty-eight suspects on charges of corruption and fraud. The criminal investigations targeting the coastal cities of Catania, Reggio Calabria and Bari, are reported to have seized assets worth …

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 …

FTSE250 gambling technology group Playtech Plc has this morning published its latest trading update informing investors that the company is on track to deliver its 2018 expected EBITDA range of €320-360 million. Issuing a short market guidance, Playtech governance details that its B2B Gaming Division continues to trade in line with the trends reported for its interim results in August, generating …

Published this October, the Italian National Institute of Health (ISS) study on Italian gambling has shed significant light on the realities of tackling problem gambling within Italy. Undertaking Italy’s first ‘epidemiological study’ on problem gambling trends, effects and triggers, the ISS surveyed 12,000 adults, representing the nation’s most comprehensive research on gambling trends to date. Presented to the Italian Parliament …

Pointing to research undertaken by Italy’s National Institute of Health (ISS), Italian online gambling trade body LOGiCO has stated that digital incumbents are better prepared than land-based counterparts to protect national consumers from gambling harms and addiction. “ISS’ evidence and statistics, confirms what LOGiCO has maintained for some time, online gambling verticals offer better procedures for identifying problem gamblers and …

For its new football sponsorship, the Custom Group has chosen to partner with sports marketing agency Infront, a firm that manages a portfolio of international agencies and is specialises in sports sponsorships, event management, media rights distribution and production. Already sponsoring MotoGP and volleyball with LCR Honda and Top Volley Latina respectively, the group is aiming to increase its brand …