Italian regulator submits new gaming rules for approval
Italian gambling regulatory body Agenzia delle Dogane e dei Monopoli (AAMS) has submitted a new package of gaming rules to the country’s government.
According to Gamingtechlaw.com, the new package features rules regarding gaming taxes, betting licences and regulations on mini video lottery terminals (VLTs).
The rules set out plans for a 58% GGR tax for ‘newslots’ and a 48% GGR tax for VLTs, which would replace a current €500 million ($557.6 million) duty that has caused disputes in the country.
The change would be put in place from January 2016, but it remains unclear as to whether the shift to a GGR tax will impact all online games as well as bingo and sports betting.
The package also set out the potential approval for mini-VLTs and newslots, both of which have been discussed for a number of years but are yet to be introduced in Italy.
Also, ahead of all sports betting shops licences expiring next year, the AAMS has recommended the country either launch a tendering process for new licences or extend current licences for at least an additional three years and also re-open the terms for CTDs to cure their position.
The Italian government will now run the rule over the package before deciding whether to introduce the new rules.
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