Big Day For The Italian Online Gambling Market

BIG DAY FOR THE ITALIAN ONLINE GAMBLING MARKET

10th March, 2011 at 12:02:14
Source: http://www.azonlinecasinos.com

New regulations will further open up the market

Thursday (10the March 2011) is a landmark day for the Italian online gambling sector, with the government expected to gazette and bring into force new regulations further opening up the market to poker cash games and online casino games.

It's been three years since the Italian government adopted a more realistic and pragmatic approach to online casinos and poker rooms, introducing a strictly regulated domestic industry that has since burgeoned into one of the most lucrative and successful in Europe under the regulatory authority of the AAMS (see previous reports).

After some delays caused by litigation now settled, AAMS last month published the legal decree making the latest changes, which permit online poker satellites and tournaments with buy-ins maxed at Euro 250. At least 90% of prize pools must be returned to winning players.

Operators pay a 20% tax on gross gaming receipts in the Italian market.

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