Poker News: Online Casinos Licenses are awarded at Italy

Different bookmaker companies were given valid licenses to operate online casinos in Italy, which involves both sports betting and horse racing. There were two British companies also awarded licenses. These companies also got a new license to operate from various centers across Italy. There are many cafes, bars and newsagents that may be used for featuring horseracing and sports betting centers across the country. The government also permits online casinos to set up these centers.

One of the leading online casinos companies had this statement: "…strategy is to establish an Italian retail estate through both new licenses awarded in the tender process and the acquisition of existing centers." Moreover, One of these casino groups also mentioned in its statement that it would continue to purchase new licenses in Italy. Italy is steadily emerging as a new station for several casino companies from different parts of the world. These companies are always trying to find a niche market of online casino that can replace USA casino market. According to Unlawful Internet Gambling Enforcement Act, UIGEA, many online casinos are ready to shut their doors to US gamblers. And many of these companies are planning to shift their operation to other countries. Italy is surely a sign of success for them.

These online casinos group have been awarded 33 horse racing licenses, 58 sports betting licenses along with 51 licenses for opening franchises. At this point, a leading online casinos group of Austria claimed to have had a license for online casinos sports betting in Italy previously. Hence licenses for betting centers were not required by the company. However, the online casinos firm based in Austria was eager to get an Italian license to operate in the area of online gambling and poker.

But, the basis question is whether online casinos will see a great fortune at the starting phase of New Year. Closing doors by the companies in the United States is bringing a chance to develop and explore new market. Italy has emergeed as a successful example in this case. On the other hand, Russian President has signing into law a ban on online casinos. But, the whole online casino industry and millions of gamblers are keeping a close watch to the east with the entry of new market.