New regulation in Italy to open up online gambling market

Thursday is a landmark day for the Italian online gambling sector, with the government expected to gazette and bring into force new regulations further opening up the market to poker cash games and internet casino action.

It's been three years since the Italian government adopted a more realistic and pragmatic approach to online gambling, introducing a strictly regulated domestic industry that has since burgeoned into one of the most lucrative and successful in Europe under the regulatory authority of the AAMS.

After some delays caused by litigation now settled, AAMS last month published the legal decree making the latest changes, which permit online poker satellites and tournaments with buy-ins maxed at 250 Euros. At least 90% of prize pools must be returned to winning players.

Operators pay a 20% tax on gross gaming receipts in the Italian market.

Source: InfoPowa News