ADM finally opens window for Italian gaming licences

ADM finally opens window for Italian gaming licences

Friday, January 12, 2018 Posted by Michael Lawson
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The window was originally due to open in September.

Italian regulator Agenzia delle Dogane e dei Monopoli (ADM) has made 120 gaming licences available on a first come first served basis. Legislators have launched a bidding process, with around 40 licences expected to be issued to operators already present in the country’s gaming market looking to renew current licences.

The new licences will cover fixed odds and pool betting on sports and non-sports events, as well as skill games with cash prizes, fixed odds betting with interaction between players, and bingo. However the governing body stipulates that if an operator does not already hold a European online gaming license in Italy or another EU country with a turnover of at least €1.5 million during the last two years, it must provide an additional €1.5 million bank guarantee.

The deadline for the filing of the applications is 19th March and the applications will be opened on 19th April. Once the applications are filed there is usually a three to five month period from the application to the award of the licence.

The opening for license applications was originally scheduled for September 2017, and Giulio Coraggio, who runs the gaming and technology blog GamingTechLAW, explained the reason for delaying it until now.

He told TotallyGaming.com: “The reason of the delay was merely due to political reasons. There was the impression that the number of operators would have considerably increased while most of the entities that will be awarded with the new licence will be the current licence holders whose licence expired.”

Operators wishing to take part in the bidding process must pay a €200,000 participation fee, with the process intending to raise €24 million in revenues for the state.

The prospect of applying for an Italian gaming licence has been made more attractive by the recently-altered tax regime. Any issued licences will be valid until December 31st 2022, with operators including Winamax, Marathonbet and Pinnacle already expressing an interest in obtaining a licence.

Totally Gaming says: The application window for these Italian online gaming licences is a long time in coming, and I’m sure operators will waste no time in filing their applications. The ADM intends to raise €24 million in revenues by doing this, in what should prove to be a mutually beneficial development.

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