Industry News

Italy grants concessions for online gambling

Published

6 years ago

February 14, 2019

Niji Narayan

Italy grants concessions for online gambling

Reading Time: < 1 minute

Agenzia delle dogane e dei monopoli (ADM), Italy’s gambling regulatory authority, has offered the concessions for online gambling services in the county after long debates and proceedings.

As per the new rules, approved companies will be allowed to operate in the local market, with their licenses being valid till 31 December 2022.

That means local gambling operator Lottomatica as well as the local subsidiaries of major international companies such as bet365, The Stars Group, and GVC Holdings, will benefit from the latest rule changes.

ADM has awarded as many as 66 concessions. It has also issued licenses to four other companies but will treat them with reserves for reasons it said it would communicate to the licensees themselves. Those four companies are Scommetendo SRL, Spati SRL, Sogno Di Tolosa, and Universal Solutions SRL, known to be the owner of the Betium online gambling brand.

Related Topics:

Up Next

Overseas tourists flock to Sochi’s casinos

Don't Miss

Tabcorp reports higher revenues in 2019

Niji Narayan

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.