A new structure for Italian online gambling concessions was published yesterday by Parliament’s Gazette as an amendment carried forward by the government’s ongoing ‘Reorganisation of Gambling‘ decree.
Recognised as a principal objective of the planned overhaul of Italian gambling laws, the government seeks to settle long-standing legal disputes between the ADM, Italy’s Customs and Monopolies Agency, and licensed operators on the conflicted terms of the renewal of licences.
A government intervention had suspended the ADM from terminating licences that were set to expire in 2023 and 2024.
Reaching a settlement, new online gambling concessions will be authorised by the end of 2024, with licences set to a nine-year limit and priced at €7m. The settlement sees Italian online gambling operators pay a premium of 35 times the previous price for online gambling licences, set at €200,000 sin..