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Italy Announces Applicants for Online Gambling Licenses

Niji Narayan

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Italy Announces Applicants for Online Gambling Licenses
Photo credits: Dave Kellam
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Agenzia delle Dogane e dei Monopoli (ADM), the gambling regulator of Italy, has revealed the names of 70 gambling operators who have submitted applications for a license to operate in the country or to have their existing license extended.

ADM had earlier announced last month that there were 80 applications as on the deadline day of March 19. Some of the operators have submitted separate applications for multiple licenses. The regulator has scrutinised the applications and found all of them valid.

The iGaming and betting licenses will be valid till December 31, 2022.

The application fee was €200,000, which fetched  €16 million to the ADM with this process.

Apart from the 80 new licenses to be granted, the Italian online gaming space will comprise 92 existing licenses:  45 licensees, whose licenses expired in June 2016 and were subsequently extended and 47 licensees, whose licenses are valid through the end of 2022.

Some of the operators seeking a license from the ADM include bet365, PokerStars, Luckia, Videoslots and Lottomatica. Here it is also interesting to note that some of Italy’s land-based casinos have also applied for a license for the operation of iGaming services.

Source: casinonewsdaily.com

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.

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Mediterranean Europe

Wazdan Get Ready to Showcase New Games at SiGMA

George Miller

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Wazdan Get Ready to Showcase New Games at SiGMA
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Wazdan are excitedly preparing for SiGMA 2019 pulling together a host of new games to showcase to event attendees between the 27th and 29th November.

Always excited for an opportunity to mingle with peers and showcase their work, the Wazdan office is abuzz with excitement in the leadup to SiGMA 2019, held in Malta between the 27th and 29th November.

SiGMA is one of the leading iGaming events, now in its 6th year, bringing together some 12,500 delegates for a stellar opportunity to network, engage leading suppliers, secure support from affiliates and strike deals with some of the biggest brands in the business.

Set to be the biggest SiGMA event yet, 2019 has visitors attending from more than 80 countries, ready to create business opportunities, promote their services, and showcase the latest innovations in iGaming.

Ready and excited to showcase, the team at Wazdan is all set to introduce brand new games including Magic Stars 9, the latest addition to the incredibly successful Magic Stars series; Neon City™ bringing bright excitement to all who play; the enchanting new Asian slot Butterfly Lovers™, and the futuristic feature-packed slot Reel Hero, as well as others which will be revealed to an eager crowd live at the event.

Wazdan has been a pioneer in the industry for more than a decade, leading with innovative, tech-rich games that push the limits of what a slot game can look like and how players can experience these online.

These experiences would not be possible without the innovative Unique Wazdan Features, which make their slot games customisable according to the preferences of each player. Including the world-first Volatility Levels™, Double Screen Mode, Energy Saving Mode, Unique Gamble Feature, Ultra Fast Mode, Ultra Lite Mode, and Big Screen Mode, Wazdan lets players enjoy their games however they prefer.

“Wazdan loves the chance to attend leading iGaming events such as SiGMA. Our team, from developers to client-facing staff all come together enthusiastically to make these events something attendees will not easily forget. We are excited about the new games we have ready to showcase and look forward to connecting with our peers. Be sure to get in touch to arrange a meeting and visit us at booth G8,” says Andrzej Hyla, Head of Sales at Wazdan.

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Industry News

Endorphina is about to bring a colorful Revolution to SIGMA

George Miller

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Endorphina is about to bring a colorful Revolution to SIGMA
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Endorphina, the ambitious game provider from Prague, has successfully stepped foot into the lights of Sigma Malta last year for the very first time. The company’s representatives were impressed with the size of the event and the quality of attendees that decided to return there even before the end of last year’s show.

So, with this new year, what can you be expect this time around from Endorphina?

Endorphina’s colorful and playful game portfolio is ready to entice and invite you to play and have a fantastic time. Wherever Endorphina’s stand is, the warm and thrilling vibe will always make itself known. This year, however, they decided to make sure you’ll know where to go – as they are bringing in a real Revolution. A Dance Dance Revolution (DDR) MACHINE to be more precise!

The colorful lights, catchy songs and a complete rush of endorphins is exactly what you can expect at their revolutionary stand number S23. It doesn’t matter if you are an affiliate, client, prospective client or someone who hasn’t heard about Endorphina yet (which we highly doubt – remember ICE 2018?), just stop by their stand, say hi and try your dance moves on the Dance Dance Revolution machine. You never know, you could be the one to win some amazing gifts and create some colorful memories!

Sigma Malta won’t just be about fun for the game provider. The strong sales and account management team led by the formerly established CEO Jan Urbanec will be there to discuss all business related topics with the visitors and share some of the company’s courageous plans for the next year.

Maria Bashkevich, Head of Marketing, says about the event: “Malta is a very special place for us. You can feel the igaming spirit in the air. That’s why we are delighted to be there among the exhibitors once again. I will be ready to meet all our media partners, affiliates and streamers and to strengthen our professional relationship and have one or two dance battles with the visitors as well!”

So, do you think you can beat Maria and the rest of Endorphina in dancing? To find out about this and more, make sure to visit their stand S23 at Sigma Malta!

If you’re interested in learning more about the company, visit: https://endorphina.com/
Or schedule your meeting with the company’s representatives in advance via their dedicated landing page: https://endorphina.com/sigma-malta

Or via email at: [email protected]

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Compliance Updates

MGA Tightens Definition of Start-ups

Niji Narayan

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MGA Tightens Definition of Start-ups
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The Malta Gaming Authority (MGA) has announced changes to the regulations on gaming license fees to narrow the definition of start-ups, potentially ramping up costs for smaller gaming businesses.

Previously, a start-up owner had to generate less than €10m in revenue from gaming or related sectors during the previous financial year, but now, such an owner must generate less than this amount over the previous 36 months.

The rule applies both to individuals who have generated more than €10m and to those who are “part of, or controlled by, a corporate group” who have generated the same.

Under the current license fee regulations, start-ups are exempt from paying the compliance contribution, which may be between €15,000 and €600,000, depending on revenue and the type of gaming services offered.

“This amendment is aimed at ensuring that undertakings classified as start-ups are truly such, whilst simultaneously not prejudicing corporate groups that were in the business many years back and wish to benefit from such an incentive by starting up again,” MGA explained.

The changes will come into effect from January 1, 2020.

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