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Webinar italy remote gaming regulations

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Outiline of Italian remote gaming and online gaming regulations with insights on obligations applicable to licensed operators.

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Webinar italy remote gaming regulations

  1. 1. Italys Remote Gaming RegulationsThe Legal BackgroundGiulio CoraggioDLA Piper Italygiulio.coraggio@dlapiper.com Italy Remote Gaming Regulations Webinar 15 November 2010
  2. 2. Agenda - 4 Questions… üWhy do operators need an Italian License? üHow and when can operators apply for an Italian License? üWhat games can operators offer? üHow much does an Italian license cost?Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 2
  3. 3. Why do operators need an Italian License? ØClosed-Loop Market vCriminal Santions vDomain Names Filtering vNo Liquidity Sharing vTurnoverGiulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 3
  4. 4. How and when can operators apply for anItalian license? ØRequirements üturnover ülicense/performance bond ülocation of the company ØObligations vtechnical/regulatory ØOpportunities vjoint ventures vban on totemsGiulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 4
  5. 5. What games can operators offer? ØSportsBetting ØBingo ØSkill Games ØPoker Tournaments ØPoker Cash Games ØCasino Games ØNext GamesGiulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 5
  6. 6. How much does an Italian license cost? One-Off License Fee € 350,000 License Fee € 50,000 (1st semester) 2,5% (2nd semester) profits Gaming Taxes vSportsbetting 2%-5% turnover vBingo 11% turnover vSkill Games 3% turnover vPoker Tournaments 3% turnover vPoker Cash Games 20% profits vCasino Games 20% profits vNew Games 20% profits Technical Costs ?Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 6
  7. 7. Questions & Contacts Giulio Coraggio Avvocato and Solicitor of England and Wales DLA Piper Italy e-mail: giulio.coraggio@dlapiper.com tel: +39 02.806181 mob.: +39 334.6881147Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 7

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