Positive regulatory developments in Italy have seen bookmakers end their licensing limbo, as Parliament has allowed concessions to be extended for a further two years until 2024.
Italian ministers agreed to override gambling regulator ADM, the Customs and Monopolies Agency’s review of licence concessions that had been botched during 2021 – which saw the franchisees of Snaitech, Lottomatica, Sisal, SKS365 and Eurobet await a delayed judgement on the number of betting shops that would be re-approved licences.
Parliament granted the licence extensions, with a view that Italy’s gambling sector will likely be reorganised during the next two years.
Italian operators were informed that licence extensions will be granted at a yearly cost of €7,500 for each franchise – with total market concession capped at 5755 betting shops.
