Italy’s regulatory body for gambling, the Customs and Monopolies Agency (ADM), has officially submitted new regulations for online gambling concessions to the Treasury. This move is a significant step towards updating the country’s digital gambling framework.
The ADM’s submission outlines comprehensive guidelines aimed at ensuring fair play and consumer protection. It signals Italy’s commitment to maintaining a regulated and transparent online gambling environment. Industry stakeholders are now closely monitoring for further updates from the Treasury.
Regulator sets nine-year online gambling concession fee at €7 million
The regulatory body has announced a substantial increase in online gambling concession fees, now set at €7 million ($7.57 million) per operator for a nine-year term.
This new fee structure is 35 times higher than the previous rate imposed in 2018, indicating the regulator’s intent to significantly boost the industry’s contribution to the economy.
Operators will now be required to adjust their financial planning to accommodate the heightened fees, potentially reshaping the competitive landscape in the online gambling sector.
New framework for gambling reorganization awaits final approval
The impending new framework for gambling regulation is now awaiting the binding opinion of the Treasury and the Council of State. Once approved, this framework will become part of the national Decree on the Reorganisation of Gambling, signifying a significant shift in the country’s approach to gambling oversight.
Steps to implementation
- Receive Treasury’s binding opinion;
- Acquire Council of State’s binding opinion;
- Incorporate into Decree on Gambling Reorganisation;
Expected changes
| Current Regulation | New Framework |
|---|---|
| Ad-hoc oversight | Unified regulatory approach |
| Varied state policies | National consistency |
| Limited consumer protection | Enhanced safeguards |
Stakeholders and industry experts anticipate that the new measures will foster a more secure and fair gambling environment, benefiting both operators and consumers alike.
New licensing requirements for gambling operators
Operators who secure a license must undergo game and system verifications by third-party certification bodies. These measures ensure the integrity and fairness of the gaming experience.
Enhanced player funds monitoring
The Agenzia delle Dogane e dei Monopoli (ADM) is introducing new controls to enhance the monitoring of player funds. These regulations aim to provide better protection for players and assure the safety of their financial transactions within the gambling platform.
Italy unveils new online gambling bonus regulations
In June, Italy introduced comprehensive new regulations aimed at managing bonuses in the online gambling sector. The rules encompass various aspects including criteria for bonus usage, detailed terms and conditions, available banking options, and the impact of bonuses on tax calculations.
This initiative aims to standardize and enhance the transparency of bonus offers, thereby providing a more secure and regulated environment for online gamblers in Italy.
The Agenzia delle Dogane e dei Monopoli (ADM) has launched a pivotal project in partnership with the National Addiction and Doping Centre of the Italian Institute of Health. This initiative aims to establish a structured protocol for addressing errors without necessitating legal proceedings.
Key objectives of the project
This innovative approach seeks to streamline responses to addiction-related issues. By collaborating with health experts, the ADM ensures a holistic and professional method.
Project benefits
- Efficient error resolution;
- Reduced need for court actions;
- Enhanced support from addiction professionals;
expected outcomes
| Outcome | Impact |
|---|---|
| Improved Health Protocols | Streamlined addiction support |
| Faster Issue Resolution | Increased efficiency |
Through this project, the ADM not only focuses on regulatory compliance but also prioritizes public health and safety, setting a new standard in gambling oversight.
