Online gaming is a sticky subject, as in many areas online gambling is still illegal. According to reports, it was stated that opening up a bitcoin gambling website is a trivial task, and once in. Italy was the first EU member state to legalise, license and regulate online gambling in a comprehensive way in 2006. Since then, two licensing rounds have taken place, in 2006 and 2011. Lastly, online gambling is flawlessly legal in Italy. Many and well-known gambling websites are licensed in Italy to offer their services to a wide range of audience. Whether lottery, bingo, poker, sports, or casino, g ambling online is acceptable under the law. Facts About Casinos in Italy. Lastly, online gambling is flawlessly legal in Italy. Many and well-known gambling websites are licensed in Italy to offer their services to a wide range of audience. Whether lottery, bingo, poker, sports, or casino, g ambling online is acceptable under the law. Facts About Casinos in Italy. Italy's anti-mafia police arrested 68 suspected mobsters today in a vast international blitz on organised crime groups that had joined forces to make millions of euros through online gambling.
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- Online Gambling Law In Italy
The regulator for online gambling in Italy is the Agenzia delle Dogane e dei Monopoli, and they send out regular reports about their activities each year. This includes financial reports, but it also includes other information like the ways they have been enforcing rules about unlicensed sites operating in the country. This type of information in a recent report shows that they are doing a whole lot of blocking and going after illegal operators.
Enforcement Measures
During 2014, Italian regulators blocked more than 5,200 online gambling sites that did not have licenses to operate in the country. On top of that, there were over 110 prosecutions, and a total of 98 fines were imposed. A total of €907,999 in penalties were levied as well. While almost 100 fines for just under €1 million doesn't sound all that impressive since it would be just €10,000 per fine, keep in mind that a fine being imposed doesn't mean it was collected. Also remember that they do not necessarily have the jurisdiction to go after companies located in foreign countries.
Problems With Enforcement
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One of the problems with enforcement measures of this type is that they often require the government to get Internet service providers to block certain sites. Many people have a problem with government intervention on what is and is not available on the Internet, and that's a hot topic in many parts of the world. However, the government doesn't really have much else available in terms of enforcement mechanisms along these lines, so many people see it as a 'necessary evil.'
Another problem with blocking sites like this is that it's very easy for companies to register a new domain name and start up once again. For the regulator, it can be a lot like playing 'whack a mole' with an infinite number of moles coming at you because they can't ban the sites faster than new domains can be added. For these reasons, many countries are fairly lax when it comes to really going hard after unlicensed sites, and that's why it's so important to see that Italy is going after them hard. Between site blacklists, prosecutions and major fines, it's easy to see that Italy is taking the enforcement of their online gambling laws seriously.
Casino games organization and all gambling venues like any other business should be legal and licensed by competent authorities.
Nowadays you can buy casino license from Online Casino Market. They have an excellent reputation and will help you to solve any question related to gambling business. To open casino from Online Casino Market or buy casino here means to get a new source of income.
Why do You Need a Casino License?
It is prestigious and profitably to run gambling business. That is why businessmen take decision to buy casino in order to get huge income like other famous participants of gambling market are doing this. However, each year legal authorities close a big number of gambling venues in many countries for illegal activity because they do not possess gambling license.
Today it is quite fiddly to open casino and only experienced professionals in international gambling can deal with this. They know that casino license purchase is the most important step.
Currently the best option is to open gambling business in offshore countries where taxes are minimal or absent at all. These countries are Costa Rica, Gibraltar, Alderney, Isle of Man and others.
Online Casino License in Italy
Italy is also considered profitable country in any aspect where you can buy online casino license.
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Italy online casino license is issued by Autonomous administration of state monopolies, state organization that deals with gambling business licensing, its regulation and all the questions related to gambling.
Activity of online casino, totalizators, slot machines, lotteries should be done according to state legislation and confirmed by special permit — casino license.
Violation of the law is fraught with serious consequences up to initiation of criminal case and confiscation of property. Police authorities can punish infringer by gambling license suspension or its deletion.
Besides, AAMS does everything possible to protect gamblers from unfair operators and fights against gambling dependence.
Italian committee AAMS can issue separately the following permits for Internet-casino:
- gambling business license (including poker and online card table games);
- permit for online lotteries (if only the license holder is an organizer);
- permit to produce fixed bets for water sports events;
- permit to accept bets for sports races.
Peculiarities of the Italian Online Gambling Licensing
Provisions of new gambling legislation in Italy differ from the rules and requirements accepted in European Union but they do not provide any extraordinary conditions.
- AAMS issues online casino license for 9 years that makes it a precondition of legal gambling business;
- online gambling license costs EUR 350 thousand (exclusive 20% VAT), business owner should pay this amount after receiving document;
- casino license may be issued to any operator from EU without regard to a country (except European Union, this list includes Norway, Iceland and Liechtenstein);
- foreign applicant holding EEA passport can not only get Italy online gambling license but he is also excused from opening company in this country;
- online casino services registered in Italy can be available for Italian citizens through the Internet platform «.it». This platform was created specially for this goal and it is related to the central platform AAMS to control betting and taxation;
- online casino services can not be provided by Italian residents to foreign platforms of «.com» format. This violation may lead to black lists;
- lack of Italy online gambling license may result in prison confinement from 6 months to 3 years;
- online bets on any games regulated by AAMS terms but held by means different from these terms threaten fine from EUR 500 to EUR 5 thousand or arrest from 3 months to 1 year (even if organizers have casino license);
- licensees are allowed to place their gambling servers beyond the territory of Italy (but on the EU territory) if their will be online control by AAMS and possibility to test and control these servers remotely;
- start-up or non-gambling company can receive online gambling license if they fulfill the following requirements:
1) bank guarantees payments to AAMS in amount EUR 1,5 mln;
2) audit of technical novelties of the company, know-how and employees’ activity in order to confirm correspondence to high standards.
Gambling Taxes in Italy
Tax legislation in Italy provides taxes in gambling (like in any other business) that depend on the amount of gross revenue and cash assets turnover in the company.
Thus, a single tax rate is equal to 20% from the amount of revenue. This tax is paid by:
- Internet casino owners; ;
- organizers of virtual bets and games with bets change;
- organizers of poker rooms and ring games.
Turnover tax is paid by:
- organizers of sports bets — about 3,5%;
- races bets — around 10%;
- slot bets — 3%;
- organizers of bingo — up to 11,5%.
Due to the new rules and requirements in online gambling set up by AAMS licensees should control the following aspects of their activity:
- timely update of online casino license;
- accuracy of platform and games certification;
- necessity to refer to AAMS for license to possess new online casinos and poker rooms.
What Documents are Needed for Gambling Business Licensing?
Like many jurisdictions Italian AAMS requires the package of papers necessary for gambling business licensing.
The package includes the copies of following documents:
- the Statute and Board meeting with the decision about management and name of the company;
- passports of all founders and shareholders;
- agreements about gaming site creation and assignment of domain name;
- receipts confirming office rent and communal payments;
- partnership agreement.
Besides, originals of the following documents should be provided:
- application for Italy online gambling license;
- bank certificates about account registration and significant amount of funds available there;
- recommendations from reputable financial companies about financial sustainability of the licensee;
- document confirming the quality of gambling software integrated on the site;
- detailed business plan that includes forecast of expenses and revenue for the first years.
It is also necessary to provide description of gambling platform and games to the committee. Each game should be unfolded in details: name, manufacturer, the process of launching, amount of rewards, etc.
The committee pays special attention to the security and reliability towards gamblers that is why all payment systems and other services related to financial operations are verified for their quality.
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Advantages of Italy online gambling licensing:
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- company upon receiving Italy online gambling license acquires legal status and has the right to work officially;
- Italian licensing authorities have an excellent world-known reputation that is why casino license issued by them increases prestige of any gambling company;
- licensee who works in this country automatically gets a status of international company;
- licensee is assigned EU VAT number;
- candidate who got Italy online gambling license has the right to open casino and become a partner of European banks;
- company upon receiving Italy online casino license is free to pay huge taxes;
- online gambling license will be processed within a short time.
It should be noted that gambling legislation in Italy is quite strict and everyone who violates it will answer in law. Online gambling license provides lots of opportunities for the licensee that can be called real bonuses.
Online Gambling Law In Italy
Only some organizations can get casino license independently without any help. However, nowadays any gambling business owner can buy casino license. Thus, Online Casino Market offer to open casino with minimal inputs or buy casino with installed gaming platform and games.
You can buy casino license from Online Casino Market and get necessary recommendations regarding gambling business. Anytime!