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    Default Italy calling for tenders for online gambling licenses

    Italy has launched a call for tenders for the distribution of online gambling licenses to interested operators, local gaming news outlet Agimeg reports. The call for bids was published on the Official Journal of the European Union. Several operators have already expressed interest in entering the local market, including Winamax, Marathonbet and Pinnacle.

    From Casino News Daily:

    Interested operators will have up to March 19 to submit their applications. They will have to pay a one-off fee of €200,000 in order to make sure that their application is valid. The Italian government is planning to issue 120 new licenses, which means that at least €24 million could enter the nation’s coffers from application fees.

    Interested operators will be able to apply for licenses for every type of online gambling service that is legal under Italian regulations, including online sports betting, card games, slots, and bingo among many other.

    The bids will be opened at noon local time on April 19 and will be reviewed in their order of submission from the first submitted all the way through the last. The winning bidders will be awarded concessions that will be valid through December 31, 2022. While most of the applications are expected to come from operators that are already present in the Italian market, there will also be some newcomers as multiple gambling companies have indicated interest in targeting players from that particular regulated jurisdiction.
    Read more here: http://www.casinonewsdaily.com/2018/...months-delays/

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    That's an extremely expensive one-off fee of 200,000 Euro Dollars!

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