World Casino Directory Gambling Forums Western Europe Casinos Italy Casinos Italy to Legalize and Regulate Online Poker and...
Try out No Download - Black Jack at Winward Casino

  
Advanced Forum Search -- Advanced Casino Search

Italy to Legalize and Regulate Online Poker and Gambling
 Message was posted: 07:29 Sep 28th, 2006     
No picture uploaded User: PayingRake
Rank:
Casino Gold: 3030CG
Contributor rating: 8000
 Status: Offline

Online Gambling news from http://www.pokernews.com/


Italy has had an interesting relationship with online gaming. In February, the country attempted to ban all IP addresses of online gaming sites, and then a few days later reportedly tried to set up an 'exclusive' relationship with an online poker room, allegedly for a slice of the pie.

Now, Italy has taken the step that the U.K., and many other countries have taken, and 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 and bingo parlors.

This piece of legislation de-regulates all 'ability based and fixed betting activities', which poker clearly falls under. The Italian plan apparently mirrors that of the plan in the U.K. with respect to how the entities that do business in Italy are regulated. One thing of note: If a company does business with Italian customers, the government will stand to make a 3% tax on any gaming based revenues acquired by the company.

This seems to be the direction many countries around the world are heading, with the model in the U.K. seeming to be stable, and sustainable.

This new law in Italy has led many to speculation that the online gaming industry will launch an all out blitz trying to grab market share in the newly opened market. How do you say 'Gold Rush' in Italian?

The billion dollar question in the online gaming industry is: What will the U.S. do?

In recent days, it has become more and more clear that the U.S. Senate will not be able to pass the Internet Gambling Prohibition Act in any form, whether as a stand alone bill, or attached to other legislation before the Senate takes its election recess starting tomorrow or Saturday. History has shown us that post-election 'lame duck' sessions of congress are more reticent to discuss any proposed legislation that has heated debate, or especially complex issues attached to it.

Starting January 1st, the Italian people will be able to legally play poker in front of their computer. We will continue to monitor how the other countries around the world deal with this highly charged issue.





Italy to Legalize and Regulate Online Poker and Gambling
 Message was posted: 07:34 Sep 28th, 2006     
Snake Eyes's avatar - snakeeyes.gif User: Snake Eyes
Rank:
Casino Gold: 4404CG
Contributor rating: 9600
 Status: Offline

I think I will say YAY! Another on our side but will wait for the Yo-Yo to stop before I get on board


Italy has had an interesting relationship with online gaming. In February, the country attempted to ban all IP addresses of online gaming sites, and then a few days later reportedly tried to set up an 'exclusive' relationship with an online poker room, allegedly for a slice of the pie.

Now, Italy has taken the step that the U.K., and many other countries have taken, and is moving toward regulation of the industry.





Forums by topic

Forums by Location

Other
  • Thread map
    • BoDog Casino - Claim your stake today!
    Online casino reviews
    • USA online casino and poker reviews
    • Germany online casino and poker reviews
    • France online casino and poker reviews
    • Italy online casino and poker reviews


    World Casino Directory | Weltweites Casino-Verzeichnis | Annuaire de casino Du Monde | Directorio Mundial de Casinos | Indice del casino | Diretório Mundial de Cassinos
    Website FAQ | Privacy policy | Advertising rates | Sitemap

    The SAFE Ports Act passed by the U.S. congress is affecting certain payment processors, and as a result, online casinos or
    poker rooms listed with a no USA banner are not currently accepting U.S. players for real money deposits.
    U.S. online gambling ban info

    ©Copyright 2002-2008 World Casino Directory. All rights reserved.

    World Casino Directory: The world's casino search engine.