The number of gambling players continues to increase in Italy, and the reason is simple: Italians love to gamble. Italians love casino games such as poker, slots, jackpots, and bingo.
Gambling in Italy has been around for centuries. It should be remembered that it all started with the Roman Empire, when the predecessor of the modern backgammon game, Ludus Duodecim Scriptorum, became popular among the Roman legionaries.
According to Italian law on criminal regulation, gambling is illegal whether it is held in a public place or in a private club. However, the Italian authority also considers that there is a difference between games of luck and games where the outcome depends on the skill of the player. Because of this consideration, sports betting, lotteries and certain other activities fall under the category of legal and regulated gambling activities.
AAMS (Amministrazione Autonoma dei Monopoli di Stato – Autonomous Administration of State Monopolies) is the regulatory body responsible for inspecting operators and regulating the gambling industry in Italy by issuing licenses for operators approved.
Since March 2010, foreign gambling operators can launch real money online games. Before this change, gambling operators were required to obtain an Italian.
The Agenzia Dogane e Monopolio di Stato (AAMS) is responsible for ensuring the good conduct of online operators, preventing violations of the rules of the game and avoiding any fraud, corruption and money laundering in the gaming sector. Italian money.
The Italian Gaming Authority is responsible for issuing licenses. The licenses cover games of skill, poker games, casino games, sports betting, lotteries, bingo and horse pools. The number of licenses that can be issued by AAMS is limited to 120.
AMMS license costs
The Italian regulatory authority AMMS requires them to pay € 350,000 + 20% VAT to cover the costs of technical management, administration and supervision. Online casinos also have to pay a 27.5% corporate tax and an additional 0.6% based on their turnover. Once the license is granted, the operator can offer online gambling for a period of up to nine years.
AMMS License Terms
It is not that easy to qualify for an online gambling license in Italy, all operators have to meet certain requirements. These include the financial, technical, social and other aspects of the business sector.
To obtain a license, the operator company must manage games in Europe with a turnover of at least 1,500,000 € over the past 2 years. The company must operate at a high technical standard, provide stable, secure and easy-to-use services and be incorporated as a limited company. Other important requirements are also imposed, the operator must have reliable administration members, official residence and Italian-speaking technical support in one of the EU countries.
Some important additional requirements:
- Casinos cannot advertise their services to underage players.
- Players must have at least 90% winning margin or ROI on casino games.
- The prize must be paid within the week.
- Casinos should use software that has been proven to provide a safe gaming environment without fraud or risk.
- Casino operators must apply and maintain measures for secure transactions.
Although the AAMS license gives Italian customers a sense of security, the license also has its drawbacks. According to Non-aams.com, a growing number of Italians are looking for casinos approved by other regulatory bodies such as Curacao. This shows that not all Italian players are happy with the Italian gambling laws imposed and the way the escape option is going.
Non-AAMS casinos are casinos that do not have an AAMS license, but usually have licenses issued by authorities in other countries. Are non-AAMS casinos safe to play? The answer is yes, they are also reliable and safe. There are many other gaming authorities that offer protection to iGaming players and operate around the world, such as the Curacao Gaming Control Board, the Malta Gaming Authority, the UK Gambling Commission, and the Swedish Gambling Authority.