Italy has revealed that a total of 46 operators have applied for its coveted online gambling licenses, with each one costing €7 million. The deadline for applications passed on July 1, and all applicants have successfully cleared the first stage of checks. This move signals the beginning of a wider reform designed to reshape Italy’s gambling sector, aiming to reduce grey market activities and elevate industry standards. Italy Takes a Step Toward a More Regulated Gambling Market The new licensing system is expected to bring more competition to Italy’s gambling market by offering better protections for players. Currently, many Italian players turn to unregulated offshore platforms because they offer quicker sign-up processes, fewer KYC (Know Your Customer) requirements, and larger bonuses. These offshore sites typically ask for minimal user information, such as an email and password, making them more convenient and attractive to players. However, the Italian government is now focusing…Â Read More
Category: NewsÂ
Source: Casino News Daily
