The launch of the bidding process for Italian online gambling licenses was expected to take place in mid-September 2017. However, obstacles of different and uncertain nature have delayed the launch.
Here it is important to note that Italy is set to open an application process for 120 online gambling licenses. However, it is believed that around 40 of those will be issued to operators that have already entered the Italian iGaming market and now only require renewal of their licenses.
Each of the applying operators will have to pay an application fee of €200,000 in order to be able to participate in the bidding process. It will thus bring additional revenue of €24 million to the nation’s coffers.
More details about the bidding process’ timeframe will probably be released in the coming days. With that said, it is still unknown when exactly interested operators will be able to enter Italy’s online gambling market.
Source: GMB / Casino News Daily
