Tag Archives: Lega 5Star

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 …

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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. …

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Fabio Schiavolin: SNAITECH – Industry leadership must fight for its public rationale

Speaking to SBC, Fabio Schiavolin, Chief Executive of SNAITECH, has detailed that betting leadership across all markets must prioritise self-regulation, whilst retaining a deeper sense of public and political perception if the sector is to avoid another year mirroring 2018 events. Politics has been an unavoidable dynamic for Italian betting stakeholders since the Lega-5Star coalition formed its government on June …

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Lega-5Star ‘ready to move’ on amateur sports wagering blackout

Speaking to national media, Lega MP Giancarlo Giorgetti – Italy’s current undersecretary for sports – has stated that the Lega-5Star coalition government will likely implement a ban on amateur sports wagering. Giorgetti underlines that Lega-5Star’s ‘Dignity Decree’ mandate on reforming Italian society has solely impacted betting/gambling operators at a market level, but that tougher policies are needed to wipe-out sports …

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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 …

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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: 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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