Insights into the Italian Gambling Reform with DLA Piper Experts
Experts Giulio Coraggio and Vincenzo Giuffrè of DLA Piper provide a comprehensive perspective on the anticipated challenges and opportunities posed by the upcoming reforms in Italy
The Italian gambling industry is on the cusp of transformative changes, as the government advances with its sweeping plans for a comprehensive reorganization of the sector. While this overhaul presents significant opportunities and challenges for all stakeholders, the guiding perspectives of Giulio Coraggio, Global Co-Chair of the Gaming & Gambling group of DLA Piper, and Vincenzo Giuffrè, gaming lawyer at DLA Piper Italy, offer invaluable insight into the implications of this impending shift.
Coraggio and Giuffrè believe that the implementation of the principles outlined in the Delegation Law reform will take several months. The proposed changes will not only impact provisions on responsible gaming but also the territorial distribution of gambling halls, requiring the involvement of various authorities.
Notable impacts include the ban on betting on amateur sports competitions for those under 18 years of age, the applicability of anti-mafia requirements to subcontractors and contractual partners of license holders, and the decrease in betting and winning limits. While these changes are explicit and straightforward, Coraggio notes that certain areas like ethical requirements for license holders and tax checks will take more time to implement.
Opportunities and Challenges
Coraggio’s insights shed light on the potential opportunities and challenges the proposed reforms may bring for the Italian gambling industry. Central to the reform are the licensing and authorization regimes, designed to establish a more organized and accountable gambling environment.
Coraggio explains, "The reform aims to address the existing challenges and ensure a more sustainable future for gambling in Italy." By implementing specific standards for gambling venues, the government aims to create a secure and responsible space for players to engage in gambling activities.
Addressing Industry Concerns
Astro, the association representing gaming operators, has raised concerns about this news. In response, both Coraggio and Giuffrè stress the importance of introducing remote gaming systems that cannot be altered. They note that this move will not only protect players from potential manipulation but also promote fair play and responsible gambling practices in the digital realm.
However, the DLA Piper team also offer a word of caution, warning of the risk of global operators exiting the Italian market if the implementing decrees impose excessive and unrealistic economic limits and harsh compliance activities towards gambling operators.
The upcoming months will undoubtedly reveal the impact of these reforms and shape the future of Italian gambling.