Online Gambling License Italy

Online Gambling License Italy Rating: 8,2/10 2385 reviews

New Italian online gambling licenses are expected to be officially granted by the end of the year, but what is the impact of such delay? The tender for new online gambling licenses The launch of the tender for new Italian online gambling licenses occurred in January 2018, and the application window closed on the 19th of March 2018. Opening of a new license tender that was supposed to rearrange the network of offline betting establishments and also providing possibilities for online gaming operators to offer their services on a legal basis. The Finance Act of 2007 was another milestone in the regulation of gambling in Italy. Verification of online gambling license applications enters final stages, licenses to be issued by the end of the year. Italy’s process of issuing online gambling licenses to companies interested to operate in the local market is entering its final stages, Italian news outlet Agimeg reported on Monday citing unnamed institutional sources. Until recently, the Italian government hasn’t regulated its online gambling industry. Run out of the capital Rome, the government has made it the responsibility of the AAMS (Amministrazione.

The boot-shape country of Italy is located in Mediterranean Europe, and it has a population of more than 60 million people. France, Switzerland, Slovenia, and Austria’s are its neighboring countries, while Italy also surrounds Vatican City and San Marino. The popular tourist destination is known for many things, including its architectural artistry, divine cuisine, postcard-perfect landscape, famous fashion designers, etc.
With a total area of more than 301 km2, Italy is the tenth-largest country in Europe. The southern European country boasts 458 islands, with Sicily and Sardinia being the largest ones in the Mediterranean Sea. Both San Marino and Vatican City are autonomous microstates on Italian territory.
Italy boasts a long and diverse history of gambling, and even the ancient romans enjoyed games of luck. Most forms are legal and the Italian gambling industry was worth (by total revenue) €88 billion in 2015, according to estimates by Agenzia delle Dogane e dei Monopoli (AAMS). Sports betting is another prevalent entertainment and leisure activity among Italians, who have an intense love affair with football. Online gambling is also legal and virtual casinos have to acquire a license to operate on the Italian market.

Best Italian online casinos

The Italian language is widely recognized as one of the most beautiful-sounding ones. German, Albanian, Greek, Croatian, Catalan, Slovene, and French are the main minority languages in the country affectionately known as ‘the Boot’. Knowledge in different languages definitely comes in handy when playing at international online casinos, such as these premium platforms:

Popularity online casinos in Italy explained

Italy is one of the largest exporters on the globe, and both service and manufacturing operations account for a majority of the country’s economic activity. After three consecutive years of contraction, Italy’s economy returned to growth in 2015 (+ 0.6 percent). The Washington-based IMF expects a 0.8 percent growth for this year, followed by a 0.9 percent expansion in 2017. However, Italy is facing some serious problems, including high levels of unemployment, declining output rates, subdued growth of both consumption and investment, and a fragile banking sector.
Last year, approximately 7.6 percent of the population lived in poverty, in comparison to 6.8 percent in 2014. The southern region of the boot-shape peninsula is more affected by this problem than the north, 10 percent versus 6.7 percent respectively.
The average life expectancy at birth across the Organisation for Economic Co-operation and Development (OECD) countries stands at 80 years, but in Italy it is 83 years. At the same time, Italians rate their general satisfaction with life on a scale from 0 to 10 at 5.8, versus the OECD average of 6.5.
More than 39 million Italians have access to the internet, which represents a 65.6 penetration rate. Last year, 32.3 million Italians used a mobile device to go online, a number that will increase to 37.4 million in 2018. A rising internet penetration rate generally spurs the ever-growing popularity of virtual casinos, and Italy is certainly no exception.

Gambling and online casinos in Italy

There are many benefits of virtual gaming platforms as compared to land-based casinos, such as:

An endless list of tremendous online casino games
Rewarding bonuses
Entertaining campaigns packed with stunning rewards
Astonishing payouts, including progressive jackpots
Rewards programs, as a means to show appreciation to loyal players

How to deposit money in an online casino when I’m from Italy?

Most gamblers are in the business for the money, but the free-play feature is definitely a big plus. Online casinos offer an extensive array of easy to use and secure deposit methods, to name a few: