Posted 3/10/11 : New regulations will further open up the market
Thursday is a landmark day for the Italian online gambling sector, with the government expected to gazette and bring into force new regulations further opening up the market to poker cash games and internet casino action.
It's been three years since the Italian government adopted a more realistic and pragmatic approach to online gambling, introducing a strictly regulated domestic industry that has since burgeoned into one of the most lucrative and successful in Europe under the regulatory authority of the AAMS.
After some delays caused by litigation now settled, AAMS last month published the legal decree making the latest changes, which permit online poker satellites and tournaments with buy-ins maxed at Euro 250. At least 90 percent of prize pools must be returned to winning players.
Operators pay a 20 percent tax on gross gaming receipts in the Italian market.