Italy opens up licensing procedure

15 Jan 2018

Italy licensing procedureThe Italian iGaming regulatory authority, Agenzia delle Dogane e dei Monopoli has finally taken the bold step up ahead and has decided to liberalize the local market. After more than 4 months of waiting, the first 120 gaming licenses have been put on the block, with 40 of them suposedly having been already "snatched" by operators already established in Italy. The new licenses will cover virtually every aspect of sports betting, casino games, bingo and the much anticipated betting exchanges. Although no special mention has been for daily fantasy sports and the use of Bitcoin and similar cryptocurrency, experts remain optimistic as the ADM has yet to rule out their regulation.

The financial and legal obligations include:

  • €200,000 as an up front fee, with the intention of accruing a total of €24 million from the 120 licensees
  • Proven capital reserves of €1,500,000 to serve as a guarantee for a two year period
  • Operators who apply for a license will have to supply €100,000 for one year as a guarantee upon obtaining the license
  • Operators must be based and regulated inside a European Economic Zone country

Typical however to the recent licensing alteration delays, the ADM has yet to announce GGR obligations of the licensees while the deadline (set for March 31st) is set to be postponed according to speculation. Licenses will expire on 31 December 2022, with several operators having already declared their interest in applying.

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

The renowned bookmaker STSBet has solidified its presence in international markets even more, after the launch of the revamped version of its website....

Read more »

The fast-growing bookmaker Betiton is announcing a new addition to its team, Djibril Cisse. The famous striker will be adding his energy on the market...

Read more »

German-based bookmaker Bet-at-home has remained confident following the publication of the 2021 first quarter (Q1) financial report, due to the transi...

Read more »

The renowned bookmaker Pinnacle takes one more step towards responsible gambling, by forming a new partnership with self-exclusion software provider G...

Read more »

Online gambling operator Kindred Group plc has officially launched an innovative live streaming feature named Watch&Bet. What makes it so special,...

Read more »

The Dutch gambling regulator, Kansspelautoriteit (KSA), launched a licensing process after the establishment of the new national Remote Gambling Act (...

Read more »

The renowned e-wallet Skrill has a new brand ambassador, Paulo Dybala. The Juventus player signed a two-year partnership with Skrill as a representati...

Read more »

Swedish online gambling operator Betsson initiates an expansion in Mexico which will be facilitated in partnership with Big Bola casinos. This will la...

Read more »

The renowned bookmaker Parimatch, has announced the creation of a new supervisory board with CEO Sergey Portnov leaving his post and becoming chairman...

Read more »

The United Kingdom Gambling Commission expects that a new inserted three-year programme will be the beginning of a better and more regulated market, w...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €100
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Mr Play Sports
  • 10.000 pre-match events per month
  • 35+ sports
  • 140+ extra bets
High Odds
Vbet
  • 250+ extra markets
  • Many outright & special bets
  • Multi-View
  • Code:100%
Up to €20 Freebet
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
100% up to €100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to $250
Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Betiton
  • 94%+ payout on tennis
  • 180+ alternative bets on top leagues
  • Lots of alternative HC’s on basketball
Bet €15 Get €10
LATEST BOOKMAKER PROMOTIONS