Inside this issue
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The gaming industry in Italy has seen profits soar over the last 5-6 years, with the introduction of new regulations aimed at expanding betting opportunities for Italian gamblers. With more than €8bn generated in tax revenues every year from a total gaming turnover of nearly €50bn, it is little surprise that the government is becoming increasingly reliant on this sector to provide money for otherwise depleted state coffers.
Further to the tremendous success achieved by the introduction of State-monitored street-AWPs and a pioneering licensing regime for online operators, Video Lottery Terminals are the latest category of products to emerge as an opportunity in the Italian market. Alas, not without a healthy deal of Italian drama.
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Evolved from the European Gambling Briefing, World Gambling Briefing focuses on the tangible shifts in gambling policy around the world to highlight where opportunities exist, the nature of those opportunities and how to take advantage of them.
Over 150 attendees, 2 days, 15+ sessions, 45+ speakers and 5 years of delivering the best quality regulatory content in the world makes WGB an unmissable annual meeting for everyone involved in building a global business and exploiting unpredictable opportunities as they arise. … Continue Reading
by Roman Zykov
Hannes Snellman Attorneys Ltd
30 June 2009 was the last day for the gambling industry and its present format in Russia. As of 1 July 2009, many gambling establishments are supposed to continue their business only in special zones designated by the government, of which there are currently four.
30 June 2009 was the last day for the gambling industry and its present format in Russia. As of 1 July 2009, many gambling establishments are supposed to continue their business only in special zones designated by the government, of which there are currently four.
Various business groups tried to lobby to extend the term for moving the gambling business to the special zones set out by the Games of Chance Law[1] (‘Law’). In defense to the deadline extension it was argued that by moving the deadline the government could safeguard the fiscal revenues out of the gambling tax, which amounted to the total BRUB 26,4 in 2008 and BRUB 31,5 in 2007. Only the Moscow state budget received BRUB 6 in 2008 and BRUB 6,5 in 2007! Nevertheless, this argument did not fly. In the beginning of May, Russian President Dmitry Medvedev announced that the terms are not subject to change. It is evident that the Law will make the gaming business search for alternative methods of conducting gambling business. One of … Continue Reading
Cette rencontre parlementaire, à l’intiative de Monsieur le Député Yves Censi, s’est tenue à l’assemblée nationale le 30 septembre 2009.
Le projet de loi relatif à l’ouverture à la concurrence et à la régulation du secteur des jeux en ligne doit être examiné par l’Assemblée Nationale au début du mois d’octobre. C’est dans cette optique que Yves Censi a désiré ouvrir les débats.
En voici la synthèse:
