80 firms vie to enter Italy’s online gambling market

At least 80 online gambling operators are in the running to secure a license from Italy’s gambling regulator Agenzia delle Dogane e dei Monopoli (ADM).

Local gambling news website Agimeg reported that 80 online gambling firms managed to pass the initial scrutiny of ADM when it opened all applications on Thursday. The Italian regulator noted that all of the license applications, which will be valid through December 31, 2022, have complied with their requirements.

The applicants, some of whom were applying for multiple licenses, were required to shell out €200,000 ($246,097) for a one-off application fee. Among the online gambling firms that applied for a license in Italy are include bet365, PokerStars, Luckia, Videoslots, and Lottomatica. Land-based casino operators in Italy also applied for online gambling licenses.

From the initial step, ADM was already able to collect a total of €16 million ($19.69 million).