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Italy’s online gambling market is the second largest in Europe and accounts for 5.4 per cent of Italy’s overall gaming industry. Casino games are responsible for the bulk of revenue with €439m (43 per cent) followed by Sports Betting with €350m (34 per cent) and poker with €138m (13 per cent). Other games such as bingo, lotteries, virtual betting, exchange betting and horse racing make up the remaining €97m (10 per cent share).


Corallo operates casinos via Atlantis World in the Caribbean whilst Global Starnet operated 60,000 slots and 6,500 VLTs plus several online gambling sites. It received a licence in Italy in 2004 and accounted for one third of Italy’s VLTs.


ITALY ONLINE Italy’s online gambling market is the second


largest in Europe and accounts for 5.4 per cent of Italy’s overall gaming industry.


Italy was the first EU member state to legalise, license and regulate online gambling in a comprehensive way back in 2006. Licences run for nine years with a one off fee of €350,000. Biannual concession fees of €50,000 are also due. Tax is 20 per cent for games of skill, casino games, card games and bingo and 22 per cent for sports betting.


Revenue reached €1.02bn in 2016 which is a 25 per cent increase on the year previous. It is second only to the UK in terms of revenues and followed by France and then Spain.


state concessionaire for slots and VLTs and operate the Gaming Hal Codere.


Global Starnet, previously called B Plus Gaming and before that Atlantis World, saw its concession cancelled in March 2017 for unpaid taxes. Te company was founded by Francesco Corallo, currently involved in a money laundering and corruption scandal in Curacao.


REVENUES


Te casino games are responsible for the bulk of revenue with €439m (43 per cent of market) followed by Sports Betting with €350m (34 per cent) and poker with €138m (13 per cent). Other games such as bingo, lotteries, virtual betting, exchange betting and horse racing make up the remaining €97m (10 per cent share) between them.


Mobile gaming accounts for around 23 per cent of the revenue and there were 92 Italian online


CASINO REVENUES DATA 2015-2016 CASINO


San Remo 2015 2016


Venezia 2015 2016


Campione 2015 2016


Saint Vincent 2015 2016


€48.4m €48.2m


€106.9m €107.8m


€101.4m €99.2m


€74.6m €67.6m


TABLE GAMES SLOTS


€10.8m €10.7m


€42.5m €44.7m


€30.2m €26.4m


€30.3m €26.5m


€34.4m €34.4m


€50.6m €50.6m


€64.8m €66.4m


€34.3m €33.1m


licences at the end of 2016 although this is expected to multiply when the government makes up to 120 new online licences available.


Tis tender for new licences was announced last year during the Italian Budge Law 2016 and was expected to take place by June 2016 but there were several delays and the AAMS were expected to launch the tender by the first quarter of 2017.


Tere were some 766,000 gamblers in Italy in 2016 (664,000 in 2015) and over 400 mobile initiative offerings. Some 1.79 million Italians bet at least once in 2016 up by 15 per cent from the previous year. On average a player spends €48 per month for online games


Bet 365 dominates the online sports book market with around 33 per cent of online wagering followed by Ladbrokes Coral’s Eurobet brand, Sisal, Snaitech and then William Hill. Tere were 247 licences for sports betting in 2016.


In the online casino sector Lottomatica has the biggest chunk of the market (around 10 per cent) followed by Sisal, Amaya Gaming’s Pokerstars, Eurobet and William Hill.


Virtual betting is growing with Goldbet and Snaitech the main operators and online bingo is dominated by Raffles International (38 per cent) and then Bwin.


Te growth is said to be down to the strong TIPS


€3.2m €3.1m


€13.8m €12.5m


€6.4m €6.4m


€10.0m €8.0m


VISITORS


227,000 228,000


765,000 753,000


722,000 711,000


496,000 516,000


NEWSWIRE / INTERACTIVE / 247.COM P67


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