Italy’s Customs and Monopolies Agency (ADM) has confirmed that sports betting concessions will be extended until 31 October. The decision was authorised following an ‘in-depth assessment’ taken by the Ministry of the Economy to ‘apply a reprieve’ on betting licences that were due to expire at the end of June. Last year, at the peak of Italy’s COVID-19 outbreak, the …
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SKS365 enhances Italian sector status with Falzon appointment
International sports betting and casino operator SKS365 has strengthened its expansion plans both internationally and in Italy with the appointment of Lara Falzon as Group Chief Financial Officer. The firm, first registered in Austria and operating in Italy under the Planetwin365 brand, is currently going through a period of ‘intense growth’ both regionally in the Italian market and on an …
Read More »No Retreat… Innovation is the only way to grow the Italian market
Since 2018, Italian betting operators have faced consecutive tax increases, a blanket ban on advertising and sponsorship, alongside tougher compliance controls enforced by regulatory agencies. The SBC Digital Italy Summit began by analysing how Italian operators have navigated a market which has been in a constant state of flux, and whether a further 2021 of political uncertainties will lead to …
Read More »Kiron goes live with Planetwin365
Virtual games provider Kiron has grown its presence in the Italian market after securing a new partnership with SKS365 subsidiary, Planetwin365. Under the terms of the agreement, Kiron will integrate its full virtuals portfolio onto the Planetwin365 platform, which includes its Racing Games, virtual football and sports products. Steven Spartinos, Co-CEO of Kiron, stated: “We are excited to be partnering …
Read More »AgiproNews Italian View – Dignity Decree’s blanket ban shows no effectiveness
Italian betting leaders attending the ICE2020 London conference detailed their frustrations as Italy’s new coalition government continues to enforce a blanket ban on gambling advertising sanctioned by the former administration’s Dignity Decree mandate. Prior to the conference, online gambling trade body LOGiCO bluntly stated that the Decree had failed in its core objectives of reducing Italian gambling spend and safeguarding …
Read More »SBC continues to grow media operation with SlotBeats addition
SBC has continued to grow to its news network with the launch of SlotBeats, sister site to leading online and land-based casino news portal CasinoBeats. SlotBeats is the latest addition to SBC’s expanding media operation, which includes websites that attract a monthly audience of more than 170,000 unique visitors from the gambling and sports industries, as well as the SBC …
Read More »Executive hires further strengthen SKS365’s operations
SKS365, the international sports betting and gaming operator based in Italy which boasts €1.2bn in turnover through the brand Planetwin365 and almost 1000 shops, has continued its journey of strengthening its regulatory and market operations by announcing the appointment of two new executive hires. Alexander Martin will now be taking on the role of Chief Executive Officer, while Andrew Mclver …
Read More »Italian Police charges SKS365 with €124 million Glassia payback
SKS365 Group, the operating company of Italian bookmaker PlanetWin365, has been charged by the Italian Financial Police of corporate tax evasion totalling €124 million. The tax evasion charge forms part of Italian Police’s wider ‘Glassia’ anti-Mafia investigation, undertaken during the course of 2018, which saw 60 people arrested and €1 billion seized in illegal funds. Conducting a probe of gambling …
Read More »Operator CEOs head 20/20 Vision track at Betting on Sports 2019
Jesper Svensson, CEO of Betsson, and Pinnacle CEO Paris Smith are among the leaders offering their insights on the key issues shaping the betting industry as part of the 20/20 Vision – The Future In Focus track of Betting on Sports 2019. The track, which takes place on the second full day (Thursday 19 September) of SBC’s flagship event at …
Read More »New look SKS365 forms ‘expert body’ leading corporate compliance
Italian gambling group SKS365 – the operating company of Planetwin365 – has established a new supervisory body to oversee its legal and compliance directives. The compliance body will be led by former Carabinieri (Italian national guard) Brigadier General Massimo Ignesti, who will serve as Chairman. Ignesti will be supported by Professor Ranieri Razzante as Deputy Chairman. He is a legal scholar in anti-crime legislation …
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