Italian regulator submits documentation to define new benefits for iGaming

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Italian regulator submits documentation to define new benefits for iGaming

The Customs and Monopolies Agency (ADM), which oversees gambling regulation in Italy, has submitted documentation detailing the rules for new online gambling concessions to the Treasury.

This follows the publication of the framework in the parliamentary gazette in April.

The new licence fee is 35 times higher than the €200,000 fee introduced in 2018, with operators also required to pay 3 percent of their annual gross gaming revenue (GGR) after taxes. The Ministry of Finance has justified this increase, citing changes in market dynamics due to the dominance of a few large operators, including SNAI, Lottomatica (after acquiring SKS365), Flutter, and Entain.

Once the Treasury and Council of State issue their binding opinions on the framework, it will be incorporated into Italy’s Decree on the Reorganisation of Gambling, which currently addresses land-based gaming matters. The technical rules will also need to be submitted to the European Commission for evaluation, necessitating a three-month standstill period.

Licensees must ensure that games and systems are verified by an external certification body, while the ADM will gain new controls to monitor player funds.

Antonio Giuliani, head of ADM’s online office, stated:

The Agency will set a D-day for current operators to start collecting bets under the new regime. Others will have up to six months to launch the system, as established by law. We will guarantee equal conditions for current licensees and new operators who obtain a licence.