Tag Archives: Italy

Gamenet expands ‘home profile’ completing GoldBet Italia acquisition

Issuing a market update, Borsa Milan gambling firm Gruppo Gamenet SPA has confirmed the closure of its outright acquisition of betting group GoldBet, completing its €275 million transaction. The deal first announced on 24 July 2018, sees Gamenet secure Italy’s biggest retail betting presence adding +900 new betting points to its existing network, which services +1,700 betting concessions. ‘The Acquisition …

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LeoVegas shows Dignity Decree defiance through EU complaint

As the Italian Lega-5Star coalition government moves to implement its ban on gambling advertising, forming part of its Dignity Decree, Stockholm-listed LeoVegas has submitted a formal complaint to the EU. Leading the complaint, Niklas Lindahl, Leo Vegas’ Managing Director for Italy, remains “convinced” the Decree will be overturned, because introducing it on 1 January 2019, as planned, would breach the …

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AgiproNews’ Italian View: New incumbents accept restrictive realities

Italy’s Customs & Monopoly Agency (Agenzia delle Dogane – AGM) the government body overseeing gambling regulatory policy expects to issue its new online gambling licences by the end of the year. Updating the market, the AGM has disclosed that it has received 80 official operator applications. However, moving forward the AGM will initially reward 60 active operators with new online …

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AgiproNews’ Italian View: Leadership tries to convince coalition of maintaining betting reforms

Italy’s betting market continues to grow, despite facing a number of future obstacles combined with further regulatory uncertainties under the governance of the Lega-5Star coalition government. During August, Italian betting recorded total gross-gaming-revenues (GGR) of €111 million, representing a 34% increase on corresponding 2017 results. A breakdown of August GGR figures sees growth in retail betting to €61 million (+41%), …

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Italian Football Federation approves Serie A sleeve sponsorships

Following the request of all of Italy’s top flight clubs, The Italian Football Federation (FIGC) is moving forward with plans to allow Serie A sides to utilise sleeve sponsorship deals. The proposal could potentially expand the shirt sponsorship opportunities for Italian sides, allowing them to promote four partners on their official matchday shirts. In an official statement, the league stated: …

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LOGiCO calls for operator self-discipline in final months of Italian advertising

Moreno Marasco, the President of Italian online betting/gambling trade body LOGiCO has penned an open letter to industry leadership urging for ‘self-discipline during Italy’s transitional advertising period’. Though all Italian betting stakeholders, face tough adjustments to meet the demands of the incoming (1 January 2019) Lega-5Star ‘Dignity Decree’ banning all forms of gambling advertising, LOGiCO pleads for restraint and responsibility. …

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Winning Post: Complications continue over Italian regulations

Replatz - Copyright: niroworld / 123RF Stock Photo

Australia: betting market – new (Aussie) rules? In Australia, the coming of POC taxes, combined with the tightening of online gaming regulations, has been well reported. But now we can see it starting to shape the Australian market through financial results, especially given the wave of consolidation – and market exits. While the majority of operators are seeing these developments …

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AgiproNews’ Italian View: Reality bites as Lega-5Star begins reform of gambling structure

As anticipated Italy’s parliament has approved the mandate of the Lega-5Star ‘Dignity Decree’ which will lead to a blanket ban on betting/gambling advertising, marketing and sponsorship across all verticals. Approving the mandate, the Italian government stated that it fully supported the stringent directives which seek to reduce social harms created by the Italian gambling sector. Lega and 5Star officials have …

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Winning Post – Deals continue to be secured in the US market

US - Copyright: stillfx / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: post PASPA positioning – first mover advantage? It has been a very busy week of deal-making, launches and planning in the US, as well as the Q2 reporting season. The biggest …

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Facebook complies with Lega-5Star’s Italian blanket ban

Facebook

Facebook has become the latest US tech giant to confirm that it will comply with the approved mandate of the new Italian coalition government’s ‘Dignity Decree’. Updating its Italian advertising terms and conditions, Facebook states that it will no longer accept adverts, promotions, pages, Instagram accounts and apps that promote or facilitate online gambling. “Pursuant to recent legislative developments, our …

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