Italian gaming wagers rose percent in the first nine months of the year to billion euros, Italy's gaming regulator AAMS said on Wednesday. The Agenzia delle Dogane e dei Monopoli (Agency of Customs and Monopoly) (AAMS) has issued the tender1 which has opened Italy's doors. Trova un'esperienza migliore per te. Ottenere grandi sconti e offerte.
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When it comes to gambling forms each has additional taxation. Italy is a very polarized country where its laws and regulations change according to the leading Party.
A coalition between the anti-establishment Five Star Movement and the centre-left Democratic have influence regulations to reduce the size of the gaming market, with special pressure over the number of slots and video lottery, where they try to reduce them at least a third of its actual number.
After COVID hit the sector, the suspension of gambling retail has done little to move customers to online gaming.
Instead, they have been seeking illegal operators. With the Coalition firm in its position to not allow the sector to reopen, even when other sectors re-taking their normal activities conflict between licensed operators and the left-wing became heated.
However, the ADM and the government are trying to recover the sector and state coffers and are making them reconsider allowing operators to regain their sponsorship on sports and even advertisement of services.
If the measure will be temporary or a long-term one, is still in debate. We need your support so Novinite.
Thank you! USD 1. News in:. Diplomacy Elections Defense Bulgaria in EU Domestic. Tweet Share. Since it has been integrated with the Agenzia delle Dogane e dei Monopoli ADM a tax and customs dedicated agency.
Since then both figures have been involved in the regulation of all forms of gambling as part of its duties. Besides taking care of tax collection, ensuring the commitment of operators to follow the rules and issuing licenses for newcomers, the AAMS has also the duty to prevent the exploitation of the industry for money laundering, and even aiding to protect the integrity of sports against match fixing.
While many of these activities can be burdensome for many, this modern-day praetorian guard has taken each role efficiently.
This approach and role taken has proved its ups and downs, while the Italian markets seem to need a stricter approach for an industry that can become abusive if regulated improperly, that hard attitude could make The Agency a bully itself.
There have been several cases of operators that were only a Ponzi scheme and have let scammed and broken customers in their path.
The AAMS takes very seriously the capacity of operators to honour their customer winnings and requires licensed operators and operators without Italian license like NonAAMS.
Customers only need to address their request with the operator through their gambling account for the time they specified, from 24 hours periods up to 5 years.
Self-exclusions with a minimum of 6 months extension will immediately get the requesting user blocked from all gambling services in the country and operators must also allow the withdrawal of all the funds back to its rightful owner.
Much shorter self-exclusion requests mostly caused by tilt can be applied directly with the operator providing the account unless otherwise requested.
Money laundering and illegal betting are difficult challenges to unroot from the industry as the long-standing feud against organized crime.
The Agency has joined forces with Interpol and local law enforcers to track down all these activities, with several high profile busts on illegal betting and laundering rings the size of hundreds of betting shops.
Any unlawful coincidence will be linked to the offender and they will be severely punished. SISAL holds the national SuperEnalotto , a lottery with one of the highest jackpots and one of the lowest odds in the world.
There are other regional lotteries, some with centuries of history. The smorfia is a traditional method to pick numbers based on dreams, news events, or recommendations of "gifted" people.
One of the initiatives to keep Italians from gambling is the school program BetOnMath ,  where three mathematicians try to demonstrate to school students how the gambling industry works.
Some math teachers already work with the program. From Wikipedia, the free encyclopedia. Google Books. Retrieved 23 March Bibliotheque nationale de France.
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Some of those regulations, but not limited to, were that licenses would cover casino gambling, horse racing, sports betting, poker and bingo.
In addition to that they are also required to pay an administrative fee to the AAMS and have their casino games tested and audited on a regular basis.
Moreover, the online casino is required to have a certain level of annual revenue and capital resources, while the number of total available licenses is restricted to a total of While the passage of these laws has certainly benefited a select group of online casinos, it has more importantly increased gambling tax revenues for both Italy and the EU.
The AAMS has been able to refocus their activities on compliance issues while the need to combat black market sites has greatly diminished.
It has also opened the door for online casino industry proprietors to develop sites, games and products that are specifically designed for Italian gamblers.