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What is the Italy Casino License?

Italy Online Gambling License: Conclusions. To sum it up, Italy online gambling license grants many advantages to a businessperson. Italian license ensures legitimacy and openness of the business. The prestige of the company is enhanced by the excellent reputation of the Italian Commission on the international market. The EU online casinos market is growing 10% per year, gathering players from different countries. Most of the players are looking constantly for new sites to play at. The EU online gambling company is now expanding its horizons to the USA market.

• The gambling laws in Germany are somewhat complex, and have changed a few times over the years. In 2008 legislation was introduced that effectively banned all forms of online gaming and betting, with the exception of horse racing betting, other than those offered by the state.
• What is the Italy Casino License? Here you can find all you need to know about Italy Casino Licenses. Since the participation of illegal gambling in Italy is viewed as a criminal activity and thus punishable under criminal laws, specific responsibilities have been assigned to the task of gambling.

Here you can find all you need to know about Italy Casino Licenses. Since the participation of illegal gambling in Italy is viewed as a criminal activity and thus punishable under criminal laws, specific responsibilities have been assigned to the task of gambling.

Agenzia delle Dogane e dei Monopoli (ADM) was created to fight against illegal gaming by verifying the compliance of licensees and traders of the gaming sector. This body until September 2014, was recognized as AAMS. The AAMS (as previously known) – Amministrazione Autonoma dei Monopoli di Stado had been assigned by the state the duties of regulating gaming and license processing.

In the past pre-dating 2000, gambling was completely illegal, however gradually liberalized post-2000. The liberalization process was implemented through the following phases:

• 2004: Endorsement of remote instant and traditional lotteries;
• 2005: Validation of Lotto, Superenalotto and bingo;
• 2006: Legalization of tournament card games, like poker and skill games;
• 2009: Authorization of poker cash and casino games.

Casinos that hold an Italy Gaming License

There are certain requirements or rules in order to grant an Italy Gaming License.

Player Registration Requirements

For the protection of both parties, the service provider and the player. There are specific requirements and processes a player must initially complete before playing at an online casino. The player must also sign a contract in which he or she must disclose personal data;

• Name
• A copy of the client's Identification Card
• Address and also Tax code
• Codice Fiscale

The purpose of this rigorous registration process of the Italian government is to protect minors under the age of 18 years. In addition, should an adult facilitate gambling to minors, they will be at risk of criminal charges.

Types of licenses

Gambling License Application

The state has taken the responsibility of operations relating to online gaming and also the granting of licenses for internet gaming companies. Internet gaming licenses granted for 9 years allowing current license holders a gaming portfolio extension from the same license. Such extensions include the following:

• Instantaneous drawing and deferred drawing lotteries
• Lotto and associated games
• National pari-mutuel numeric games
• Card games such as poker and also Fixed-odds games of chance
• Games based on sports events and also Games based on horse races

Overall, Each and every one of the entities above requires their own gaming regulations. In conclusion, if you want this licence you need to follow the steps carefully.

In order to provide gambling activities and operate an online casino, it is important to get a license for that. It proves that the operator is honest and reliable which helps to establish trust and attract players.

There are many jurisdictions which offer online gambling licenses. They differ in costs, requirements and rules. Let’s see what is needed to get a license in Italy.

Nj Gambling License Application

Jurisdiction

Italy was the first EU country which proposed clear licensing and regulation policies for online casinos. Today, the gaming industry is regulated by the Agenzia delle Dogane e dei Monopoli (ADM).

Also, it is worth noting that in Italy, any kind of gambling advertising is prohibited, as the ban came into force on January 1, 2019.

Types of online gambling licenses

Italian regulatory body provides a possibility to choose a license from three types:

• online casino license;
• online lotteries license;
• license to accept bets for sports races.

Do not miss:Gambling License in the Isle of Man

Requirements to get an online casino license 2020

According to gambling legislation in Italy, in order to get an Italian gaming license, it is necessary to provide the following documents:

• proof that the website is registered on an .it domain;
• passports of all founders and shareholders;
• bank certificates proving the account opening;
• proof of financial sustainability;
• proof of the gambling software quality;
• platform and games description;
• detailed business plan.

It is important to note that offering gaming activities in Italy without a license leads to 6 months - 3 years imprisonment.

Costs and taxation

The corporation tax rate is 27.5% and there are also additional gaming taxes:

Challenges and advantages of Italian online gambling license

Some operators see relatively high taxes and strict requirements for getting a gaming license in Italy as a challenge, however, the jurisdiction provides several advantages:

• good reputation and prestige of a company;
• the right to open the casino and become a partner of European banks;
• the short time of license issuing.

In order to launch an online gaming business faster and get a license easier, operators can use the service of Slotegrator. The company helps to get a reliable gaming license by assisting with legal issues and documents preparation.