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Online Gambling in Italy, Quirino Mancini (Tonucci & Partners) shares insights in an exclusive interview

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Just last week the Italian gaming news agency Agimeg reported that Italy’s gambling regulator had so far received “less than 10 applications” for the new licenses, which cover mostly all gambling activities – sports and race betting, casino, poker, exchange betting, virtual sports, etc.

The licenses cost €200k apiece and are valid through 2022. Applicants must already hold an online gambling license in a European Union member state and boast annual turnover of at least €1.5m over the past two years. If applicants can’t meet these standards, they have to put up an additional €1.5m bank guarantee.

My latest interviewee is among the leading lawyers in Italy. Quirino Mancini is Partner and Global Head of Gaming & Gambling Practice at Tonucci & Partners.

Thank you for accepting this interview. My first question would be what are your expectations from the call for bids from online gaming operators? How will this change the Italian gaming industry?

Quirino: Judging by the first enquiries I have gathered since the announcement of the new licence tender, it would seem that notwithstanding the Italian market is already packed, there still are operators willing to enter it. This applies not only to B2C operators but to B2B ones too, even though unlike, most European regulated markets, the Italian licensing model does not require B2B operators to hold a local licence in order to offer their services, so if the trend is confirmed I reckon the Italian market will be somewhat re-shaped as a result of the advent of the “hybrid” operators (B2C+B2B).

The launch of the bidding process was expected much earlier. What hindered the launch, and does this have any effect on the process of bidding?

Quirino: The only reason for an otherwise inexplicable delay in calling the remote gaming licences tender is the quite populistic and very often ill-informed political pressure, notably across the whole parliamentary board, to restrict the gaming offer. Unfortunately the local gaming industry has so far proven unable to pull their acts together in terms of putting together a consistent, coordinated and effective effort to somehow redress the mounting wave of discredit and bias thrown at operators who are fully legal, legitimate, licensed and do pay taxes in Italy as if instead they were a bunch of offshore-based pirates ripping and abusing the poor Italian consumers.

There are several online gambling licenses which have already entered the Italian iGaming market and now only require the renewal of their licenses. My question is what is your opinion how difficult this process will be for the rest of the applicants?

Quirino: The licence tender process is all but difficult provided the prospective applicants duly meet the eligibility requirements and take timely action filing-wise. The real challenges for them, once licensed, are (i) going live in less than one full year bearing in mind the many technical peculiarities and specificities of the Italian remote gaming model that notably entails a 24/7 connection of the operator’s servers with the central control system ran by the regulator, (ii) having a good product fit and also customised for the local players, and (iii) having a clear vision for an effective and creative marketing strategy.

The delay in the online gaming licensing might have had an effect on the shared online poker liquidity agreement signed by Italy as well. What is your opinion regarding this problem?

Quirino: I believe that when it comes to shared international liquidity, the more newcomer operators join the party, the better it is for the players in terms of creating a sufficiently large pool.

It has recently been announced that Italy will not join the official start of the project. Will you, please share your ideas related to this issue?

Quirino: On 4 March 2018 general elections will be held in Italy. As already mentioned in a previous reply, at this time there definitely is too much focus, bias, propaganda, mis-information and pressure surrounding the gaming business for any sensible politician to want to be seen as the one who facilitated the offer of more gaming services to Italians, and because regulators take instructions and directions from the government and the parliament, you may easily figure out the rest of the story

To meet Quirino in person, make sure you register and attend Prague Gaming Summit 2018, held on the 29th of March at Andel’s by Vienna House Prague.

Interviewee profile:

Quirino Mancini is the global head of the gaming and gambling practice at Tonucci & Partners(www.tonucci.com), a top-ten Italian general practice firm with offices in Rome, Milan, Brescia, Padua, Florence, Tirana, Bucharest and Belgrad.

Quirino is one of the leading Italian gaming and gambling lawyers with a specialist practice of almost 20 years.  He acts for Italian and foreign-based online and land-based companies operating in the Italian gaming market, advising them on legal, licensing, regulatory, day-to-day compliance and any other operational aspects connected to their activities.  He also runs a bespoke matchmaking and business strategy service to provide clients with a customised type of assistance that includes also introduction and facilitation of dealings with the local regulatory authorities, banks as well as scouting and suitability checks on potential business partners.

Quirino is a regular speaker at most international gaming conferences and sits in the editorial board of various sector reviews and magazines.

Co-founder and editor of www.gaminglaw.eu, a pan-European information and commentary portal focusing on legal and regulatory issues under European and national gaming laws.

Secretary and fellow member of the Leadership Committee of the International Masters of Gaming Law (IMGL), a worldwide organisation gathering regulators, lawyers and advisors, in-house counsels and educators engaged in the gaming business.  Fellow member of the International Association of Gaming Advisors (IAGA)


Source: European Gaming Media and Events

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Breaking News: Dutch Senate votes to legalize online gambling

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The Netherlands Senate voted today in favor of the country’s long-awaited online gaming legislation, which was approved by the House of Representatives back in 2014.

The new regulatory regime will allow operators to secure online sports betting and casino gaming licenses to serve Dutch consumers, subject to secondary legislation that is yet to be submitted for European Commission approval.

Today, the Dutch Senate voted in favor of legislation to legalize internet-based gambling, clearing the way for foreign and Dutch firms to apply for licenses.

On Monday, the Financieele Dagblad said some 300 companies have expressed interest in running a gambling website in the Netherlands and about 50 are expected to make a formal application for a license when they are up for grabs next year. Tuesday’s vote comes two years after the lower house voted in favor of allowing third parties to legally offer online gambling.

Holland Casino is the Netherlands’ only state-regulated gambling establishment but foreign firms widely flout the ban and continue to target Dutch punters.

The two Christian parties in the ruling coalition voted against the legislation. They claim allowing more companies to offer online betting will lead to more problems with addiction.

Source: DutchNews.nl


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Breaking News: Dutch Senate votes to legalize online gambling

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BetConstruct attained a partnership with SA Gaming

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BetConstruct announces a new strategic partnership with an online entertainment platform provider in Asia – SA Gaming.

As a result of the agreement, SA Gaming’s various slots and live casino solutions will be integrated into BetConstruct’s platform. Around 30 slots such as The Guard, World Cup Fever, Red Dragon, Saint of Mahjong, Indiana’s Quest, Dragon Tiger, and others currently fulfill their gaming catalog.

“This is an important partnership for us, as a result of which our gaming portfolio will be enhanced with more Asian themed slots and live casino games, ” says BetConstruct regional director Lusine Khudaverdyan.

 

Apart from the slots, SA Gaming has a wide portfolio of live casino games famous in Asia. Following the partnership, we already support such games as Baccarat, Roulette, Sic Bo, Fan Tan and Speed Baccarat from our new Asian 3rd party provider. Together with SA Gaming we believe to provide premium gaming solutions for all our partner operators.

 

About BetConstruct

BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales, and service centers around the globe.

BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).

All partners benefit from the BetConstruct Spring platform with its powerful back-office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BetConstruct attained a partnership with SA Gaming

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Bangladesh bans online gambling websites

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Bangladesh bans online gambling websitesReading Time: 1 minute

 

Bangladesh Telecommunication Regulatory Commission (BTRC) has asked all the internet gateway providers and Telecom department to run an internet safety solution programme to block online gambling websites. BTRC is believed to have received an instruction to effect the same from the country’s government.

The telecom regulator has sent the order to block the websites so that these websites will not be accessible in Bangladesh again.

“It might take few more hours to block all the sites completely as blocking any site is so technical,” said Md Emdadul Hoque, general secretary of Internet Service Provider Association of Bangladesh (ISPAB).

A top official of the BTRC said they have often found complaints from different sides about online gambling and that needs to block for the sake of safe internet.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bangladesh bans online gambling websites

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