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ADM, the governing body overseeing Italian gambling laws has finalised its long-awaited online gambling licensing procedure.
Italy’s revised online gambling laws include tougher AML protections and customer requirements on registration. ADM has renewed online licenses for Italian legacy operators, Snaitech, Lottomatica, Sisal, Eurobet, Goldbet, Stanleybet and Microgame.
Settling on its final 67 concessions, the ADM welcomes new faces to Italian sports betting, with Smarkets, Pinnacle and Energybet securing online licenses.
Following its final review process, the ADM has chosen to exclude seven operators from securing concessions – Pi Piper Ltd, Betclic Ltd, Goal & Gaming, Constitution of B&B online, Rabbit Entertainment, Play Live Ltd and Rating Consulting.
The ADM closes its online licensing procedure having secured a reported €13.4 million in concessions for the Italian tax authorities, granted at €200,000 per registered applicant.
Source: Latest News on European Gaming Media Network
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