Connect with us
Advertise at European Gaming Media
SIS

Compliance Updates

Italian gaming industry overcomes ad prohibition

Niji Narayan

Published

on

Italian gaming industry overcomes ad prohibition
Photo Source: giftedguru.com
Reading Time: < 1 minute

 

The gaming industry in Italy seems to have overcome the government’s recent ban on gambling advertising. While the government decision came as a virtual shock, the industry is moving ahead without much hiccup, a recent report of local online gambling trade body LOGiCO suggests.

According to the LOGiCO report, 94.5 per cent of adult players gamble on land-based offerings, while the online segment remains a niche market in Italy. Furthermore, they explained that research conducted by Italy’s National Institute of Health (ISS), shows that iGaming operators are better prepared than land-based companies to protect national consumers from gambling harms and addiction.

 “ISS’ evidence and statistics, confirms what LOGiCO has maintained for some time, online gambling verticals offer better procedures for identifying problem gamblers and limiting services to vulnerable consumers,” LOGiCO President Moreno Marasco said.

In addition, LOGiCO explained that ISS’ statistics detail that advertising has no impact on consumer engagement with gambling products.

“The ISS report underlines that recent measures undertaken by the Dignity Decree will be ineffective in the fight against problem gambling and criminal actors targeting vulnerable players,” LOGiCO’s president added.

 

Source: FocusGN

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Central Europe

Czech Republic to Introduce Gambling Exclusion Register in 2020

Niji Narayan

Published

on

Czech Republic to Introduce Gambling Exclusion Register in 2020
Reading Time: < 1 minute

 

Alena Schillerová, Finance minister of the Czech Republic, has revealed that an exclusion register to block a range of individuals – both voluntarily and involuntarily – from gambling would launch next year. The incoming exclusion register follows on from the 2017 Gambling Act, which legalised iGaming in the Czech Republic for the first time.

Individuals on this list will not be allowed to gamble at all, whether that be online or land-based. People who have been declared bankrupt, are on welfare, or have been treated for gambling addiction will all be added. There shall also be an option for players to voluntary exclude themselves, if they want to.

“We will publish documentation at the turn of this year and begin testing, so that this register is operational in mid-2020,” Schillerová said.

“Currently, all indicators of online gambling are growing. The proportion of online players is increasing, and sports betting is the biggest problem. Young men are particularly at risk from developing problems. This is what our next steps are targeting. It’s not a matter of deleting new technologies from life. Instead, we’re looking to find a balance for their use,” Jarmila Vedralová, National Drug Policy Coordinator in the Czech Republic said.

Continue Reading

Baltics

Latvian Parliament Approves Higher Gambling Taxes

Niji Narayan

Published

on

Latvian Parliament Approves Higher Gambling Taxes
Reading Time: < 1 minute

 

Saeima, the Parliament of Latvia, has approved a bill that would raise the taxes on some land-based gaming operations within the country. Gambling establishments that offer such games as slot machines, card and dice games, and roulette will be immediately impacted by the new laws.

As part of the new law, the state budget will receive the largest contributions from the nation’s gambling industry. However, local municipalities that host these gambling establishments will also receive a share of the tax revenue.

The annual tax on gambling tables will increase to 28,080 euros ($31,211) from 23,400 euros ($25,878) per table. The tax on slot machines will increase to 5172 euros ($5719) from 4164 euros ($4604).

According to the finance minister of Latvia, the new amendment is intended to shift the tax burden from the labour force to those casino operations. Plus, it should greatly increase the amount of tax revenue the state is receiving, maybe by as much as 75%. According to the new legislation, 90% of the total revenue will go to the Latvian government while only 10% will go to local municipalities.

Continue Reading

Compliance Updates

Gambling Research Centre Recommends to Update German Gambling Laws

Niji Narayan

Published

on

Gambling Research Centre Recommends to Update German Gambling Laws
Reading Time: < 1 minute

 

Forschungsstelle Glücksspiel, the Gambling Research Centre at the University of Hohenheim in Germany, has recommended to impose taxes on unlicensed operators in the country and to legalise online casino games.

“There is agreement that the enforcement against illegal providers on the Internet needs to be strengthened,” the Centre said.

“Currently, the offer of online casino games on the Internet is largely illegal, but still takes place. It can be assumed that some states will continue to allow online casino games or will do so in the future. Also, for player protection reasons, a regulated market is preferable to a non-regulated market,” the Centre added.

In Germany, the land-based casinos generated gross gaming revenue of €60 m in 2017 and paid €319m in casino and sales taxes. It is estimated that the illegal gambling market generated about €1.76bn for the same period.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. Our websites serves hand picked news about compliance and industry related technology updates through the European Union, North America, Asia and Latin America, and serves them to you daily.

Contact us: [email protected]

Copyright © 2015 - 2019 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.