Tag Archives: ADM

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 …

Read More »

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 …

Read More »

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. …

Read More »

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, …

Read More »

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 …

Read More »

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 …

Read More »

AgiproNews Italian View: Miseria… Italian betting faces new tax realities in 2019

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 …

Read More »

CJEU denies Stanleybet on Italian ‘sole lottery concession’ appeal

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 …

Read More »

AgiproNews Italian View: Gambling left red-faced by mafia investigations

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 …

Read More »

LOGiCO – Italian health report contradicts government’s advertising prohibition

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 …

Read More »