QUI 13 DE DEZEMBRO DE 2018 - 17:13hs.
After months of delays

Italy launches call for tenders for online gambling licenses

Italy launched yesterday (10th) a call for tenders for the distribution of online gambling licenses to interested operators, who will have up to March 19 to submit their applications. They will have to pay a one-off fee of €200,000 in order to make sure that their application is valid.

According to reports from local gaming news outlet Agimeg, the call for bids was published on the Official Journal of the European Union. The Italian government is planning to issue 120 new licenses, which means that at least €24 million could enter the nation’s coffers from application fees.

Interested operators will be able to apply for licenses for every type of online gambling service that is legal under Italian regulations, including online sports betting, card games, slots, and bingo among many other.

The bids will be opened at noon local time on April 19 and will be reviewed in their order of submission from the first submitted all the way through the last. The winning bidders will be awarded concessions that will be valid through December 31, 2022.

While most of the applications are expected to come from operators that are already present in the Italian market, there will also be some newcomers as multiple gambling companies have indicated interest in targeting players from that particular regulated jurisdiction.

Among other things, all applicants will have to meet one important condition: they will have to have physical presence in a country from the European Economic Area.

Source: GMB / Casino News Daily