New Italian gaming licenses to be awarded in September

7 Sep 2017

Italian gaming licensesAccording to recent press releases, new Italian online gaming licenses are set to be issued between 18 and 25 September 2017.

The full terms of the process are not officially known yet, however the essential terms are said to be the following:

  • A single license price will be €200.000 and will expire on 2022/12/31.
  • 120 licenses will be issued on the “first come first served” basis.
  • Around a third of them (40 from 120) will be awarded to existing licensees whose licenses expired last year.
  • The timeframe for the applications, is estimated to last for two months.

The new licenses will cover all the games that are currently offered under non-exclusive licenses, i.e. sportsbetting, horse betting, card tournament and cash games, casino games, betting exchange, bets on virtual events and bingo. After the “umbrella” licenses are granted, it will be necessary to obtain the technical approval in relation to each game category. This action will not require and added fee.

Finally, it is speculated that the regulatory framework under which the new Italian licensees will operate will not bear any significant changes to the existing one.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Kaizen Gaming’s online bookmaker Betano has finalised a deal with the Romanian Football Federation, which allows it to become the naming partner...

Read more »

The online sportsbook Vbet has extended the partnership with AS Monaco for three more years until 2025. The deal, which began in 2020, will allow the ...

Read more »

The Ministry of Culture and Gender Equality in Norway has begun consultations to introduce a new Gambling Act to replace the Lottery Act, the Totaliza...

Read more »

The online gaming giant Entain, the owner of brands like Interwetten, has won the Advanced Safer Gambling Standard award by GamCare for providing play...

Read more »

One of the pioneers of online betting, Interwetten, has signed a new regional long-term sponsorship deal with English football giants Liverpool FC. Fa...

Read more »

The global online sportsbook 1xBet recently paid out some big winnings. A bettor from Yaounde, Cameroon, signed up with the bookie and placed a 12 eve...

Read more »

The international online sportsbook NetBet has added Apple Pay as a payment option for French players giving locals another top-notch method for depos...

Read more »

The online gambling operator Kindred Group, which incorporates several brands like Unibet, has announced that it will further contribute to the mental...

Read more »

The Treasury of Kenya has published the 2022 Finance Bill, which re-introduces the controversial 20% tax rate on wagering stakes. Despite the protests...

Read more »

The international gaming operator Vbet has joined the International Betting Integrity Association (IBIA), adding to the platform’s global integr...

Read more »

LATEST BOOKMAKER PROMOTIONS