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Delays in Italy

The Italian licensing of games of cash poker online have been delayed yet again and will remain throughout the summer. The Italian officials have been on the slow path toward liberalization over the past several years and internet based poker is the next to be liberalized within the country. The online casino gambling industry is still on the out but there is an anticipation that down the line the Italian government may also announce the licensing of this form of internet entertainment as well. As far as the internet poker sites are concerned, however, the government has already announced the plan to bring into Italy this type of internet based entertainment so it is only a matter of the proper procedures aligning before a full industry is launched.

The delay in Italian internet poker legislation has actually caused a negative effect on the finances of some online casino gambling groups that had structured their businesses this year to accommodate an expansion into the Italian market. Party Gaming is one of the major European gambling groups that has announced dropped profits because of the delay in Italian licensing. Italy is one of the strictest of the European countries now liberalizing and licensing sectors of the online casino gambling industry and thus the delay in poker licensing does not actually come as much of a surprise.

Italian gamblers themselves are welcoming the pending licensees because so many forms of online gambling have been blocked – essentially just betting was legal for the longest time. The government is keen to not only maintain control over the market even through the liberalization process, but to also monitor and ensure that the expanded internet gambling industry does not have negative effects on the country.