Italian VLT Market brings new opportunities


New VLT licenses are on the cards and everyone is looking closely at Southern Italy - Giulio Coraggio reports on the developing situation.


Giulio Coraggio (giulio.coraggio@dlapiper.com) is a Senior Associate in the Italian office of DLA Piper one of the largest law firms in the world and in Italy.


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uring the last year the Italian Videolottery market has been among the main topics of discussion within the gaming market.


In a country where there are only four “real” casinos, and criminal laws prohibit the establishment of new casinos, we have seen from mid-June 2010 the opening up of a considerable number of “VLT casinos” (i.e. gaming halls where VLTs will be located), where


the current ten licensees (and their partners) are entitled to install up to 56,697 VLTs able to award prizes up to € 500,000.


The figures of the market are quite impressive also considering that it is still a start-up phase for most of the operators. According to the Italian Gambling Authority the turnover generated by the market has been of € 8,727 million from January to September 2011. Also, this market is likely to rapidly further growing because of the recent


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