AAMS releases new italian online gambling regulations

The long anticipated Italian online gambling regulations were released Thursday by Italian regulator AAMS and authorise operators to offer cash poker and casino games and multi-level tournaments.

The new regulations, already authorised by the European Commission , include:

  • Buy-in’s for skill games, including online poker can not exceed €250.
  • The initial stake for participation in a poker or casino game session may not exceed €1000.
  • A return-to-player of at least 90%.
  • Cash poker and casino games will be subject to a 20% gross profits tax.

Industry analysts have estimated that the introduction of the additional genres could double revenues in the Italian market by 2012.

Full detail on the regulations can be accessed here (pdf).

Source: InfoPowa News