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Italian VLT Market Suffers Setback due to New Rules

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Italian VLT Market Suffers Setback due to New RulesReading Time: < 1 minute

 

The Video Lottery Terminal (VLT) market of Italy is suffering from the major setback as they have to comply with any restrictions imposed.

Italian gaming company Gamenet reported that VLT revenue of the first two weeks of 2020 has reduced by one third as compared to the same time period of last year.

According to the new rule, players need to insert the government-issued health card to access the VLT machine. This has been done to restrict the involvement of the youth accessing the machine. Many believe that this has been done in order to monitor the signs of problem gambling behaviour. However, the government denies this. Some of the operators have also complained that this has been done to force away tourists and other residents who do not have government health cards.

As per a local TV station, one of the operators was found giving access to the VLT to the tourists who do not have the health card. However, they had a special card to access the VLT machine and that has been termed as a loophole to the system.

There has been more set back on the VLT operators due to tax increase on VLT and Amusement with prizes (AWP). It is being said that the players have started losing interest in the VLT and also the machines had to be taken offline to reconfigure the necessary changes.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Italian VLT Market Suffers Setback due to New Rules

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Australian NAB Bank Offers Gambling Restriction Option In App

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Australian NAB Bank Offers Gambling Restriction Option In App  NAB is providing new ways for customers to take greater control over their finances, becoming the first Australian bank to offer the option to block gambling transactions via its app. All retail banking customers with NAB Visa Credit or NAB Visa Debit cards can now restrict most gambling transactions with immediate effect – with […]
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Australian NAB Bank Offers Gambling Restriction Option In App

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Game Payment Technology raise international profile at ICE London

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Game Payment Technology raise international profile at ICE London  Game Payment Technology (GPT), the UK developed cashless payments app, launched its international marketing campaign with a successful debut appearance at ICE London.  The result of a joint venture between bacta and Polar Moment, GPT’s appearance at ICE London resulted in positive interest from gaming organisation’s based in Spain, United States, France and Holland […]
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Game Payment Technology raise international profile at ICE London

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Week 8/2020 slot games releases

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Week 8/2020 slot games releases  Here are this weeks latest slots releases! BGaming, a Belarus-based online solutions provider to casinos, has launched its new slot, called Avalon: The Lost Kingdom. It is based on a mythical tale about a magical island. BGaming has captured the essence of the story and brought it to life in 5х3 slot with 20 […]
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Week 8/2020 slot games releases

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