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Italian Gambling Market Wagers increase 13 percent in 2015
Friday, April 29,2016 : ITALIAN ONLINE GAMBLING MARKET ON THE RISE
Wagers increase 13 percent in 2015.
Figures from the Italian regulator AAMS show that Italian online punters spent Euro 821 million with licensed betting operators last year, a year-on-year increase of 13 percent.
Online gambling contributed 4.8 percent of total gambling wagering, up by 0.6 percent from the preceding year, with growth mainly in casino gaming which grew 27 percent over the year to Euro 328 million.
Sports betting rose 25 percent to Euro 267 million but online poker, bingo and virtual sports betting markets continued to contract, with poker down 18 percent and bingo and virtual down seven percent.
The Italian government benefitted handsomely from gambling fees and taxes, taking in Euro 205 million - a 23 percent year-on-year growth.
Marco Planzi, director of the Politecnico di Milano's Osservatorio Gioco Online, which helped the regulator with the numbers, said: “This year's research shows how Italy is an attractive market for both Italian and foreign companies."
He added that there had been some market consolidation, but that major foreign companies had also entered the market.
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Ninja Power Slot Launched By Slotland -
I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.
WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? -
The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.
Stephen Conroy appointed head of new responsible gambling grou -
Conroy retired from politics in September after a 20 year career, and has now been appointed head of Responsible Wagering Australia, a new responsible gambling industry body backed by online gambling operators CrownBet, Sportsbet, Betfair, Unibet and Bet365.
SquwaKa To Enter sports betting sector -
Football digital content platform SquwaKa will be entering the sports betting sector with the launch of a new FSB Technology built and powered sports betting service to sit alongside its fantasy sports offer.
RaceBets Acquired by Betsson -
Niche operator #RaceBets complements #Betsson offering with a proprietary horse racing product and an experienced horse betting trading team.
Playtech buys back 780,000 shares -
Playtech's advisory earlier this week that it is to embark on a Euro 50 million share re-purchase initiative has been quickly followed by a notification from the company that it has bought an initial tranche of 780,000 shares at prices ranging between 797.75 and 816.63.
Cash In Roulette -
The relatively new online gambling games developer Be The House, has announced that it is to launch its unique Cash In Roulette product with William Hill Online.
EveryMatrix in game deal with Endorphina -
#EveryMatrix Prague-based online slot developer Endorphina has found a new outlet for its games, signing a content supply agreement with white label provider EveryMatrix.
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