Italian Regulator Reveals Applicants for Online Gambling Licenses

20.04.2018

Italy’s gambling regulator Agenzia delle Dogane e dei Monopoli (ADM) opened on Thursday the applications submitted by 70 gambling operators seeking to be issued a license to operate in the country or to have their existing license extended. ADM announced last month that it had received 80 applications by the end of the application period on March 19. After opening all the envelopes it had received, the regulator said on Thursday that they were all valid, local gaming news outlet AGIMEG reports.

As mentioned above, a total of 70 gambling companies submitted their papers, with some of them applying for multiple licenses. The iGaming and betting licenses to be issued will be valid through December 31, 2022.

It is also important to note that all applicants were required to pay a one-off application fee of €200,000. The ADM has thus collected €16 million from the process.

Source: Casino News Daily