Italy's Remote Gaming Regulations
The Legal Background

Giulio Coraggio
DLA Piper Italy
giulio.coraggio@dlapiper.com



                               Italy Remote Gaming Regulations Webinar
                                                    15 November 2010
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
Why do operators need an Italian License?




 ØClosed-Loop Market
       vCriminal Santions
       vDomain Names Filtering
       vNo Liquidity Sharing
       vTurnover


Giulio Coraggio - giulio.coraggio@dlapiper.com   Webinar - 15 November 2010   3
How and when can operators apply for an
Italian license?


 ØRequirements
       üturnover
       ülicense/performance bond
       ülocation of the company
 ØObligations
       vtechnical/regulatory
 ØOpportunities
       vjoint ventures
       vban on totems

Giulio Coraggio - giulio.coraggio@dlapiper.com   Webinar - 15 November 2010   4
What games can operators offer?


 ØSportsBetting
 ØBingo
 ØSkill Games
 ØPoker Tournaments
 ØPoker Cash Games
 ØCasino Games
 ØNext Games

Giulio Coraggio - giulio.coraggio@dlapiper.com   Webinar - 15 November 2010   5
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
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.: +39 334.6881147




Giulio Coraggio - giulio.coraggio@dlapiper.com   Webinar - 15 November 2010   7

Webinar italy remote gaming regulations

  • 1.
    Italy's Remote GamingRegulations The Legal Background Giulio Coraggio DLA Piper Italy giulio.coraggio@dlapiper.com Italy Remote Gaming Regulations Webinar 15 November 2010
  • 2.
    Agenda - 4Questions… 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.
    Why do operatorsneed an Italian License? ØClosed-Loop Market vCriminal Santions vDomain Names Filtering vNo Liquidity Sharing vTurnover Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 3
  • 4.
    How and whencan operators apply for an Italian license? ØRequirements üturnover ülicense/performance bond ülocation of the company ØObligations vtechnical/regulatory ØOpportunities vjoint ventures vban on totems Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 4
  • 5.
    What games canoperators offer? ØSportsBetting ØBingo ØSkill Games ØPoker Tournaments ØPoker Cash Games ØCasino Games ØNext Games Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 5
  • 6.
    How much doesan 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.
    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.: +39 334.6881147 Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 7