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More liberalisation For ITalian Online Bingo

Friday January 18, 2013 :  FURTHER LIBERALISATION PLANNED FOR ITALIAN ONLINE BINGO
 
EC approved regulations could be implemented as early as mid-year
 
Italian online bingo punters should see further liberalisation soon - perhaps as early as mid-year - which includes permission for operators to offer other games and slots on their bingo websites.
 
Regulator AAMS plans to run a consultation initiative ending the third week in February, leading to the implementation of more liberal regulations towards June-July.
 
The online bingo sector in Italy saw revenues plunge by more than 34 percent to just Euro 3 million recorded in June 2012.
 
The overhaul of the nation's declining online bingo sector took place last year, with draft regulations submitted to the European Commission for approval around September. The Commission has since approved the changes, which should enable operators to boost revenues by offering players more variety and interest.
 
The changes include provisions for a minimum ticket price of Euro 1 cent a game ranging up to Euro 10 a game. Other changes include permission to introduce new types of bingo and jackpot offerings.
 
Industry experts in the sector have noted that side games on bingo sites can boost revenues very significantly, but there will be little relief for bingo operators from a tax perspective - high taxation (11 percent plus a 1 percent SOGEI fee) will continue to make viable business difficult with a minimum 70 percent return to players requirement.
 
However, in comparison with their land counterparts, Italian online bingo operators are better off. Land bingo operators pay 20 percent on turnover plus a 3.8 percent SOGEI fee, although their minimum return to players is lower at 58 percent.



Gambling News :

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

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