{"id":6327,"date":"2023-12-20T07:36:47","date_gmt":"2023-12-20T07:36:47","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/12\/20\/italian-gambling-industry-unites-against-proposed-license-fee-surge\/"},"modified":"2023-12-20T07:36:47","modified_gmt":"2023-12-20T07:36:47","slug":"italian-gambling-industry-unites-against-proposed-license-fee-surge","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/12\/20\/italian-gambling-industry-unites-against-proposed-license-fee-surge\/","title":{"rendered":"Italian Gambling Industry Unites Against Proposed License Fee Surge"},"content":{"rendered":"
\n

It was at the Milton Friedman Institute\u2019s \u201cGame: One Market, One Reorganization\u201d conference that representatives of the main trade groups in Italy\u2019s gaming industry recently came together. As they emphasized the need for just and uniform regulatory and economic policies, their collective voice mirrored worries over the government\u2019s proposed significant rise in licensing costs.<\/p>\n

Industry Leaders Express Apprehensions<\/h2>\n

Under the direction of Alessandro Bertoldi, the Milton Friedman Institute\u2019s Executive Director, the conference revealed the concerning idea of raising licensing costs from \u20ac200,000 ($392,000) in 2018 to an outrageous \u20ac7 million ($7.66 million). Concerns over possible imbalances in market dynamics and the detrimental impacts on legality and consumer protection were expressed by attendees, including Geronimo Cardia, President of ACADI, and Emmanuele Cangianelli, President of the Italian Association of Public Games Operators.<\/p>\n

\u201cThe regulatory interventions that the Government is preparing will once again create disparities by favoring the illegal market and heavily conditioning the free market.\u201d<\/em> \u2013 Alessandro Bertoldi, Milton Friedman Institute Executive Director<\/p>\n

Cangianelli pushed for a thorough redesign of gaming items and distribution methods, highlighting the necessity of precise payment service rules to support online gaming. Geronimo Cardia bemoaned the sector\u2019s ten-year problems brought on by dispersed initiatives, emphasizing the detrimental effects on job levels, public interests, and legal compliance.<\/p>\n

The delegates emphasized the need of acknowledging small and medium-sized gaming businesses, stressing their job prospects and economic impact. There might be only 20 active operators left after the planned rate rise, down from 91. Concerns over Italy\u2019s prohibition on gambling advertising, which they said made licensed operators less competitive and aided in the growth of the black market, were also echoed by stakeholders.<\/p>\n

\n
\n
\n
\n