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Online Gambling Growing Fast In Italy
Thursday August 22,2013 : ONLINE GAMBLING THE FASTEST GROWING IN ITALY
And gambling generally is the nation's third largest industry
Despite its economic travails, the gambling industry in Italy is apparently flourishing, with the online version of the pastime growing the fastest.
A Milan Chamber of Commerce study was reported by the publication Gazzetta del Sud this week, detailing a land industry in which some 9,300 businesses offer gambling of some kind, up 32.1 percent on the year, with the number of registered gambling devices up 91.2 percent since 2012, while the number of establishments with slot machines have nearly doubled.
The area where gambling is growing the fastest is the northern Emilia-Romagna region, followed by the central Marche region, the study found. The northern Lombardy region leads the country in overall gambling businesses with 1,342 - 14.5 percent of the Italian total, up 43.4 percent on the year.
And a report last year from Italy's Catholic social-service group CEIS found that gambling is Italy's third-largest industry, earning Euros 47.5 billion in revenue in 2008. The study also showed that 47 percent of youth aged 15-24 have played video poker and slot machines.
Online betting, which tripled in 2011, is growing the fastest, the study claims. Online punters spent Euro 1.5 billion on the Internet last year, and gambling revenue in Italy was up 28.8 percent to Euros 23.2 billion in the first quarter of 2012.
However, the involvement of organised crime is a concern, and in June this year police arrested 55 suspected mobsters and seized nearly half a billion Euros in assets across Italy in their biggest crackdown in years on the infamous Casalesi gang, whose most lucrative ventures, police said, were the illegal distribution of slot machines, collecting sports bets and online gambling.
"Police in the raid uncovered a number of websites used to manage online gambling with servers located abroad in places such as Romania," Gazzetta del Sud reports.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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