The Italian Online Gaming Licensing regime is highly complicated and it consists of a number of restrictions and permission regimes. The market is highly regulated by the Government which still monopolises a number of the sectors.
The Italian Gaming Sector is regulated by the ‘Agency of Customs and Monopoly’ (L´Agenzia delle Dogane e dei Monopoli) (http://www.agenziadoganemonopoli.gov.it/wps/wcm/connect/internet/ed/monopoli/giochi) which is under the control of the Italian Government. New license are granted for the online gaming sector and are called ‘I Gaming License.’ The licenses are provided for a period of 9 years but are subject to continuous compliance with the rules of the Government.
The regulatory bodies also require a high amount of money (almost equivalent to 1.5 Million Euros) as security to ensure that the earnings of the players can be paid out under any circumstances. The Gaming sector is also subject to relatively high taxes and licensing Fees.
The Italian market is strictly regulated and understanding the regulations can be tough at first sight. We at Empire Professional Services & Advisory Firm through our well qualified team and partners are present to guide you through the entire process of obtaining an Italian online gaming license and in ensuring that the necessary compliances are in place.
No designation has been made by the Texas Board of Legal Specialization for a Certificate of Special Competence in this area.