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.
Source: InfoPowa News