AAMS RELEASES NEW ITALIAN ONLINE GAMBLING REGULATIONS

Posted 2/4/11 : Extension of authorised gambling could result in revenues doubling
 
The long anticipated Italian online gambling regulations were released Thursday by Italian regulator AAMS and authorise operators to offer cash poker and casino games and multi-level tournaments.
 
The new regulations, already authorised by the European Commission, include:
 
–     Buy-in’s for skill games, including online poker can not exceed Euro 250.
 
–     The initial stake for participation in a poker or casino game session may not exceed Euro 1000.
 
–     A return-to-player of at least 90 percent.
 
–     Cash poker and casino games will be subject to a 20 percent gross profits tax.
 
Industry analysts have estimated that the introduction of the additional genres could double revenues in the Italian market by 2012 (see previous Infopowa reports).
 
Full detail on the regulations can be accessed at : http://www.aams.gov.it/sites/aams2008/files/GIOCHI/GIOCHI-DI-ABILITA/NORMATIVA/20110110_Decreto_Direttoriale_2011_666_Giochi_GAD-04-02-11.pdf