ITALIAN REMOTE GAMBLING TO BE EXTENDED
12 June 2009
Further liberation of the Italian market in
store
The Italian government has initiated a drive to further
liberate the country's remote gambling sector by framing
new legislation extending licensing to online poker cash
games, casino games, betting exchanges and betting on
virtual events.
The goal is to submit the
proposed laws to the European Commission within the next
few months in the hopes of having the law in place by
the end of 2009, the head of remote gaming at regulator
Amministrazione autonoma dei monopoli dei Stato (AAMS),
Francesco Rodano has revealed.
Italy currently
licenses online poker tournament games and fixed odds
sports betting.
Rodano has suggested that the
tax levels for the new online games would be set at 20
percent of gross profits tax, higher than the current
4.5 percent tax on gross gaming revenues in sports
betting, and the 3 percent in respect of ggr for poker
tournaments and skill games. The rationale for this
turns on differing payout ratios
“In tournament
poker we can therefore take 3 percent of gross gaming
revenues but that would not work in cash games as the
operator takes a rake off every pot," Rodano explained.
"We will therefore take the tax off operators’ rake;
this will allow them to set the rake at commercially
viable levels."
Italian online gambling is
currently restricted to Italian punters on "internal"
networks, but the quest for greater player liquidity has
apparently prompted operators to lobby the government to
open the closed system to international operators.
Online Casino News Courtesy of
Infopowa
More news here.
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