The Poker Lab Rat

September 29, 2006

Italy about to follow the Brits and regulate online gambling?

Filed under: Industry News — webmaster @ 3:38 am

Italy has apparently done a radical about-turn in its approach to online gambling. It appears that the Italian authorities are going from website blockades instituted with local ISPs through the AAMS, to a UK style regulatory and taxation regime.

Italy has had an interesting relationship with online gaming. In February, the country attempted to ban all IP addresses of online gaming sites - well over 600 in all - and then a few days later reportedly tried to set up an ‘exclusive’ relationship with an online poker room, allegedly for a piece of the action.

Now, Italy is moving toward regulation of the industry. As of January 1, 2007, it will be legal for Italian citizens to gamble online. The new law also clears the way for things like public sports betting as well.

This piece of legislation regulates all ‘ability based and fixed betting activities’. The Italian plan is apparently influenced by the U.K. initiative when it comes to how the entities that do business in Italy are regulated.

If a company does business with Italian customers, the government will stand to make a 3 percent tax on any gaming based revenues acquired by the company.

Finally mainland Europe is getting it’s act together - and recognising that online business - gambling and otherwise - is here to stay.

Here are a couple of links to poker room reviews for Italians wishing to chose an online poker site that best suits their play style:

READ poker room review of Poker.com (Australia-based with great, low bandwidth demanding poker software)

GO TO Poker.com

READ review of Spin Palace Poker (safe and secure - a leading Prima Poker Network poker room that is part of The Palace Group and traded on theLondon Stock Exchange as Fairground Gaming plc)

GO TO Spin Palace Poker

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