Tag Archives: Italy

Google escapes €750K Dignity Decree penalty

SBC News Google escapes €750K Dignity Decree penalty

AGCOM, the Communications Authority of Italy, has been ordered to drop its €750,000 fine against Google’s Italian business.  The decision follows a judgment made by the Administrative Court of Lazio (Rome), which cited that Google had not violated the rules of the Dignity Decree of 2018. Google had issued an appeal to the Lazio Court contesting fines totalling €750,000 imposed …

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Dan Taylor: Betting big with Flutter International

SBC News Dan Taylor: Betting big with Flutter International

A map behind the desk of Dan Taylor, details the travels of the Chief Executive of Flutter Entertainment Plc’s International unit. So far in 2023, Taylor has “travelled to 29 countries in six months”, to oversee the progress and expansion of Flutter’s international division (which excludes its brands in the UK, Ireland, US and Australia). “I guess I could start …

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Altenar introduces new tools for operators in ‘difficult’ Italian market

SBC News Altenar introduces new tools for operators in ‘difficult’ Italian market

Altenar has bolstered its range of products within the Italian market in announcing a variety of new tools and features for operators. The Matla-based sportsbook and igaming software provider has described the country as ‘one of the most sought-after European jurisdictions’ – where it has been live for the past four years. Francesco Papallo, Regional Director at Altenar, commented: “We …

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Italy approves phase-1 of gambling overhaul 

SBC News Italy approves phase-1 of gambling overhaul 

 Italy will undertake a comprehensive overhaul of its gambling laws, as Parliament has officially authorised the approval of the ‘Tax Delegation Law’.  The legislation recognises Italian gambling as a sector requiring a “reorganisation of tax duties and the introduction of new player protection measures that aim to create a more transparent and accountable industry”. As such, the Italian government will …

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Serie A revamps betting data packages to hit market in 2024

Serie A, AC Milan

The betting rights of Lega Serie A will be revised, as the Italian football top division invites tenders to service a range of media and data packages for the 2024/25 campaign. General terms for the Grant of Rights of Serie A have been published by Serie A management, underlying the strict fulfilment of data distribution requirements, authorisations and exclusivity of …

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Italy to begin generational overhaul of gambling laws  

SBC News Italy to begin generational overhaul of gambling laws  

Italy’s Chamber of Deputies has approved the ‘Tax Delegation Law’, a decree that paves the way for  ‘industry reorganisation’ of the Italian gambling sector. The bill has been forwarded to the Senate for its secondary approval where it is expected to face no challenges in its passage into law.  Backing the mandate, Deputy Minister for the Economy Maurizio Leo expressed …

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Italy braced for a summer of gambling reforms

SBC News Italy braced for a summer of gambling reforms

Italian gambling stands on the precipice of sweeping changes as the government advances with its plans of a “comprehensive reorganization of the sector.”  A pivot in the regulatory landscape of Italian gambling is currently in progress, with all eyes focused on the ongoing amendment of the Delegation Law.  Approved in April, by PM Giorgia Meloni sanctioned changes aim to reshape …

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IGT hails weight loss as Q1 beats corporate expectations

SBC News IGT hails weight loss as Q1 beats corporate expectations

IGT Plc has reaffirmed its FY2023 corporate targets with confidence following an impressive start to year trading driven by commercial growth across all core business units.  Publishing its Q1 2023 trading update, the NYSE gambling technology group registered corporate revenues of $1.06bn, up 1% on corresponding 2022 results of $1.05bn. The 1% revenue uplift stands against Q1 FX currency impacts …

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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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CIRSA acquires GanaBet MX as Blackstone eyes future options

SBC News CIRSA acquires GanaBet MX as Blackstone eyes future options

Heritage Spanish gambling group CIRSA SA continues its ‘global sportsbook expansion’, having agreed to acquire Guadalajara-based GanaBet.mx for a reported €20m.  The deal had previously been disclosed in CIRSA’s FY2022 Interim update, in which the Blackstone-owned Spanish gambling group revealed that it had reserved €20m in cash to acquire GanaBet. Licensed by SEGOB, Mexico’s Ministry of the Interior, GanaBet currently …

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