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Stanleybet Pays Taxes in Bid to End Block on Entering Italian Betting Tenders
Stanleybet Malta Ltd., the Maltese subsidiary of the Liverpool based Stanleybet Group, has announced its decision to pay Italian retail betting tax to the Italian regulator, Agenzia delle Dogane e dei Monopoli (ADM), for the first time ever in Italy. The first payment, made on 2nd January 2023, with the “F24” form under the same rules that apply to Italian licensed operators, refers to the revenue made by Stanleybet in its Italian retail shops for the period 1st to 31st December 2022, which by law is due for payment by 31st January 2023. ADM was informed of this decision on the same day of the payment, via letter sent to its General Manager and to the 2 top officials responsible for gaming and betting at ADM.
Four sentences of the European Court of Justice, later confirmed by the Italian Court of Cassation and, recently, by the Italian Council of State, ruled that Stanleybet had been discriminated against with respect to free access to the Italian retail licensing system: both in the initial experimental phase (1998), and with regards to subsequent public tenders: in 2000, 2006 – with the “Bersani” tender – and, lastly, in 2012, with the “Monti” tender.
In addition, ADM prevented Stanleybet from entering the 2015 and 2016 “amnesty” proceedings. In fact, with multiple trials initiated by the Italian Regulator between 2014 and 2017 against senior Stanleybet executives and against Stanleybet shop owners (CTDs), ADM effectively made Stanleybet’s participation in those proceedings impossible, due to a lack of fair and objective entry conditions. Those proceedings ended in December 2017, when the deadline for seeking participation in the “amnesty” expired.
It should be noted that Stanleybet has never actually filed a complaint against ADM – despite all the crime reports that have been filed against its business in Italy and yet were ultimately concluded in Stanleybet’s favour.
The company has always favoured the path of dialogue. In fact, around the time of the expiry of the Italian retail betting licensing system, on 30th June 2016, Stanleybet, which by then was officially recognised as a lawful operator by the Italian courts, formally asked ADM to allow it to start paying the Italian retail betting tax in the same way as the Italian licensed operators do, by being linked to the “national totaliser” (the centralised data control system for licensed operators). ADM ignored the letter for 3 long years, and then only responded when forced to do so by the Italian Ministry of the Economy, whom Stanleybet urged to intervene as a last resort.
ADM’s historical aversion to Stanleybet should come as no surprise. After all, how could ADM, the organisation which itself was responsible for the discrimination suffered by Stanleybet, then turn around and admit that Stanleybet’s activity was always lawful? In addition, as ADM is a government body should the Italian Government not share some of the responsibility?
With the 2011 Stability Law and subsequent amendments, the Italian legislator provided for payment of the retail betting tax, not only by operators licensed in Italy but also by operators that were not licensed by the Italian authorities. However, in the latter case the betting tax payable could instead be calculated by reference to shop revenue based on tripling the average betting shop revenue for the relevant province. ADM then chose to apply these “tripling” provisions to Stanleybet, thereby effectively admitting that it still considered Stanleybet to be an illegal operator. The result of ADM’s actions was a large and unnecessary tax dispute, which remains ongoing.
During 2022, Stanleybet proposed to ADM that it was prepared to immediately start paying the retail betting tax as a licensed operator, subject to a formal settlement agreement to deal with alleged historic liabilities, with the intention of drawing a line under the issue, once and for all. Although various meetings were held in “Piazza Mastai”, ADM’s headquarters, even with the initial participation of the ADM Director himself, ADM’s position remained totally against this proposal. Even numerous settlement proposals put forward to ADM in individual tax proceedings, often with the support of the relevant Judge, were met with an absolute refusal by ADM to reconsider the calculations and Stanleybet’s position as an Italian licensed operator.
Given that any attempt to get ADM to accept a reasonable solution to the dispute seemed futile, Stanleybet proposed during a Group Board Meeting of its Executive Directors in Liverpool, held on 15th December 2022, to start paying the Italian retail betting tax, exercising the right to pay taxes in Italy like any other licensed operator. The decision was formally approved, after further deliberation and planning, at a further extraordinary Group Board Meeting of its Executive Directors held on 28th December 2022. Stanleybet hopes that ADM will consider this proactive decision not as a challenge, but as an act of common sense made in good faith and in the best interests of the Italian State. The Maltese gambling regulator (MGA), which is well aware of Stanleybet’s history in Italy, fully understands Stanleybet’s decision and the reasons behind it, and was officially informed at the same time as ADM. Whilst Stanleybet Malta Ltd.’s aim is for full participation in the Italian regulated system, it remains and wishes to remain, a licensee of the MGA – which it thanks officially, and with deep gratitude, for its continued support.
FreezeNova
10-15% Of Gamers In Florida Show Signs Of Gaming Addiction: Here Are 10 Signs Your Kid Is Suffering From It (And How You Can Help)
Recent studies indicate that 10-15% of young gamers in Florida exhibit signs of gaming addiction. These findings underscore the need for early identification of symptoms to prevent negative impacts on children’s mental and physical health. Gaming addiction, if not dealt with, can lead to poor academic performance, social withdrawal, and even health problems.
Marin Cristian-Ovidiu, CEO of FreezeNova, discusses key indicators of gaming addiction and offers practical advice for parents.
Recognizing Early Signs
“Early recognition of gaming addiction is crucial in preventing long-term negative outcomes,” Marin explains. The following signs can help parents identify if their child might be developing an addiction:
Exhaustion and Irritability
Constant tiredness and grumpiness during the day could indicate late-night gaming sessions interfering with sleep.
Gaming Obsession
If gaming dominates your child’s thoughts and conversations, and they plan their day around it while neglecting other responsibilities, it could be a sign of addiction.
Decline in Academic Performance and Lost Interests
A noticeable decline in academic performance or loss of interest in previously enjoyed activities may suggest your child is prioritizing gaming over more important tasks.
Emotional Volatility
Extreme emotional reactions to in-game outcomes, such as uncontrolled anger, known as ‘Gamer Rage’, or intense celebrations, could indicate an unhealthy attachment to gaming.
Physical Strain
Signs of repetitive strain injuries like ‘Gamer’s Thumb’ or ‘Nintendo Neck’ from prolonged screen time are warning signals.
Neglecting Basic Needs
If your child is neglecting basic needs like eating, sleeping, or hygiene to keep playing, gaming has likely taken an unhealthy control over their life.
Creating a Supportive Environment
While video games can be a great source of entertainment and connection, around 70% of people with signs of gaming addiction also experience social disorders. Marin recommends a few tips for building a supportive and open environment for your child.
Teamwork and Setting Boundaries
“Parents and children should work together to create a healthy gaming environment. Gaming addiction requires a holistic approach,” Marin advises. Start by setting clear boundaries on gaming time to ensure there’s room for schoolwork, chores, and quality family time.
Revisit activities your child once loved, like football practice or exploring new hobbies together. It’s vital for your child to take breaks from screens, so create a balanced daily routine that includes homework, chores, exercise and just some gaming time. This allows your child to enjoy their games without neglecting other aspects of their life.
Open Communication
Maintain open communication. Discuss the games your child enjoys and any concerns you might have. By understanding their world, you can work together to find solutions.
Remember, you’re not alone. If you feel overwhelmed, seek professional help from specialists in gaming addiction. Marin concludes, “By working as a team, setting clear boundaries, and fostering open communication, we can help your child develop a healthy relationship with gaming and thrive in all areas of life.”
Here are this weeks latest slots releases compiled by European Gaming
PG Soft has released its epic samurai saga, Geisha’s Revenge. Set among Japan’s opulent teahouses, the game follows leading light Ayane on her quest to seek justice for her family by the ruthless samurai. Geisha’s Revenge is a video slot presented within a framework that has five reels, the first of which has five rows and the next four have six rows.
3…2…1… Get ready for blastoff in Wild Moonsters, the latest intergalactic slot adventure from in-demand studio, Silverback Gaming. Players go on a cosmic thrill tide as they navigate a hexagon game grid to create stellar clusters of 4+ matching symbols to form wins. They also need to keep their eyes out for the Wild symbol, which shoots excitement, and big win potential, into the stratosphere.
TaDa Gaming has released its latest slot game, Lucky Jaguar. With three rows, three reels and five fixed play lines, this fast gameplay slot delivers wild bonuses and multiplier bonuses alongside the TaDa Extra Bets and Lock and Respin features. The wealth of the Aztec empire is waiting in Lucky Jaguar in both the main game and the bonus game, which can trigger randomly at any time to deliver the Lock and Respin feature.
ICONIC21, the in-demand provider of live content, continues to push boundaries with the addition of slots to its growing game portfolio. The provider’s slot games will combine classic mechanics, engaging narratives and fun characters offering players an interactive experience throughout. The first slot titles to go live will be Solar Sands, Vitamin Joy, Tortuga Fortune and Juicy Coins: Hold & Win with ICONIC21 planning to launch one slot per month in 2025. The slots are high volatility ones, with max wins ranging from x300 to x36,000. Wild & Scatter Symbols, Hold & Win, Bonus Rounds, Multipliers and Free Spins ensure the games have a fluid, entertaining gameplay.
BGaming takes the concept of the ever-popular premium rubber duck stores and swings open the doors to its own slot version in Lucky Ducky X-Mas Edition. This quacky festive title features the popular MergeUp™(patent pending) mechanic with nine levels, Free Spins with multipliers up to x128, and both the Buy Bonus and Chance x2 buttons.
Evoplay has launched Sea of Wealth, an underwater adventure combining engaging visuals and innovative features. The game features a 3×3 reel layout with symbols inspired by marine life and hidden treasures. Poseidon serves as the Wild symbol, while his Trident activates the Bonus Game when paired with Bonus symbols. With Trident Magic, Poseidon’s Trident collects values from Bonus symbols, while Trident Shot can trigger a transformation of random symbols on reels 1 or 3 into Bonus symbols, increasing the likelihood of activating the Bonus Game.
Nolimit City returns to the most profitable sweatshop in the business in Outsourced: Payday. Workers have been replaced by claws who never call in sick! This Labs-branded slot takes the Outsourced theme to the next level. This is yet another experimental game that changes the way players enjoy Nolimit City’s slots.
Battle the beast and claim untold riches in Jolly Roger Wild Kraken! This high-seas pirate expedition takes players deep into the Kraken’s lair, where treasures await those brave enough to face the fury of the legendary Wild Kraken. Play’n GO’s latest release brings back Captain Red Roger in an all-new nautical escapade. Having braved countless dangers in search of treasure, Roger now sets his sights on Kraken Deeps – a perilous archipelago shrouded in mystery and riches.
PopOK Gaming announced the launch of Papai Noel da Fortuna, the latest holiday-themed slot game. Just in time for the season of joy, this exciting release captures the magic of Christmas and New Year with festive fun, dazzling rewards, and immersive gameplay. Step into a winter wonderland where Santa Claus himself takes center stage, filling the reels with sparkling ornaments, golden bells, and overflowing gift bags. With Papai Noel da Fortuna, every spin is a celebration of holiday cheer and fortune.
ELA Games, a modern and trailblazing game development studio, announces the release of its latest game, Wealth of Legends. The slot aims to attract players of various audiences with its unique format, exciting graphics and captivating features. The 5×5 game pays all ways, giving players plenty of opportunities to win during the base game, keeping the playing experience engaging. Landing a coin symbol in the special zone triggers the Hold & Win feature, which begins three free re-spins. Collect special jackpot coins for a lucrative win!
The post Week 51/2024 slot games releases appeared first on European Gaming Industry News.
Industry-leading provider secures license to provide slots and live content in Denmark
Award-winning casino content provider Stakelogic has obtained a license from the Danish Gambling Authority, Spillemyndigheden, to provide its gaming content in Denmark.
The license will allow Stakelogic to bring its premium portfolio of online casino slots and live dealer content to the Danish market, including recent releases like Fire and Gold Cluster Breaker, Super Wheel Game Show, Trident of Legends, and The Watcher.
Stakelogic is able to partner up with leading Danish operators, establishing itself as a must-have provider in the country. The move further highlights Stakelogic’s commitment to strengthening its position in the European market and exploring new and exciting regulated markets.
The license also further cements the company’s presence in the Scandinavian markets, having secured a license from the Swedish authority, Spelinspektionen, in 2023 and establishing itself as a popular provider among Swedish players.
Denmark is one of Europe’s fastest-growing markets, with a strong focus on customer care and responsible gambling. Stakelogic is proud to have met all the requirements needed to obtain the license, highlighting its commitment to providing players with the best and safest gaming experiences.
Stephan van den Oetelaar, CEO at Stakelogic, said: “Denmark is one of the fastest growing markets in Europe, and we are proud to have achieved a license to the newly regulated market.
We are grateful to Spillemyndigheden for their support in us and we are excited to take our next steps into the market.”
The post Stakelogic Secures License to the newly regulated Danish market appeared first on European Gaming Industry News.
10-15% Of Gamers In Florida Show Signs Of Gaming Addiction: Here Are 10 Signs Your Kid Is Suffering From It (And How You Can Help)
Week 51/2024 slot games releases
Stakelogic Secures License to the newly regulated Danish market
Discover the Wealth of Legends: ELA Games’ Adventurous New Mythological Title
Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario
SkillOnNet’s Spanish language brand launches in newly regulated Peruvian market
New Slot Game Launch – Lucky Clover from PopOK Gaming!
Push Gaming embarks on a feature frenzy in Jaguar Drop
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Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
