Webinar italy remote gaming regulations

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Outiline of Italian remote gaming and online gaming regulations with insights on obligations applicable to licensed operators.

Technologie Divertissement et humour

Italy's Remote Gaming Regulations
The Legal Background

Giulio Coraggio
DLA Piper Italy
giulio.coraggio@dlapiper.com

Italy Remote Gaming Regulations Webinar
15 November 2010

Agenda - 4 Questions…

üWhy do operators need an Italian License?
üHow and when can operators apply for an
Italian License?
üWhat games can operators offer?
üHow much does an Italian license cost?

Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 2

Why do operators need an Italian License?

ØClosed-Loop Market
vCriminal Santions
vDomain Names Filtering
vNo Liquidity Sharing
vTurnover

Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 3

How and when can operators apply for an
Italian license?

ØRequirements
üturnover
ülicense/performance bond
ülocation of the company
ØObligations
vtechnical/regulatory
ØOpportunities
vjoint ventures
vban on totems

Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 4

What games can operators offer?

ØSportsBetting
ØBingo
ØSkill Games
ØPoker Tournaments
ØPoker Cash Games
ØCasino Games
ØNext Games

Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 5

How much does an Italian license cost?

One-Off License Fee € 350,000

License Fee € 50,000 (1st semester)

2,5% (2nd semester)
profits
Gaming Taxes
vSportsbetting 2%-5%
turnover
vBingo 11%
turnover
vSkill Games 3%
turnover
vPoker Tournaments 3%
turnover
vPoker Cash Games 20%
profits
vCasino Games 20%
profits
vNew Games 20%
profits
Technical Costs ?
Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 6

Questions & Contacts

Giulio Coraggio
Avvocato and Solicitor of England and Wales
DLA Piper Italy
e-mail: giulio.coraggio@dlapiper.com
tel: +39 02.806181
mob.: +39 334.6881147

Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 7

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Webinar italy remote gaming regulations

1. Italy's Remote Gaming Regulations The Legal Background Giulio Coraggio DLA Piper Italy giulio.coraggio@dlapiper.com Italy Remote Gaming Regulations Webinar 15 November 2010

2. Agenda - 4 Questions… üWhy do operators need an Italian License? üHow and when can operators apply for an Italian License? üWhat games can operators offer? üHow much does an Italian license cost? Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 2

3. Why do operators need an Italian License? ØClosed-Loop Market vCriminal Santions vDomain Names Filtering vNo Liquidity Sharing vTurnover Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 3

4. How and when can operators apply for an Italian license? ØRequirements üturnover ülicense/performance bond ülocation of the company ØObligations vtechnical/regulatory ØOpportunities vjoint ventures vban on totems Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 4

5. What games can operators offer? ØSportsBetting ØBingo ØSkill Games ØPoker Tournaments ØPoker Cash Games ØCasino Games ØNext Games Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 5

6. How much does an Italian license cost? One-Off License Fee € 350,000 License Fee € 50,000 (1st semester) 2,5% (2nd semester) profits Gaming Taxes vSportsbetting 2%-5% turnover vBingo 11% turnover vSkill Games 3% turnover vPoker Tournaments 3% turnover vPoker Cash Games 20% profits vCasino Games 20% profits vNew Games 20% profits Technical Costs ? Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 6

7. Questions & Contacts Giulio Coraggio Avvocato and Solicitor of England and Wales DLA Piper Italy e-mail: giulio.coraggio@dlapiper.com tel: +39 02.806181 mob.: +39 334.6881147 Giulio Coraggio - giulio.coraggio@dlapiper.com Webinar - 15 November 2010 7