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The Italian Gambling Authority has now published the data relating to April and the first quarter 2011.
The growth of the market went beyond any expectation and indeed the aggregate turnover (both online and offline) of the first quarter 2011 was of € 24 bn with an increase of 18.2% if compared to the same period of last year.
The main reason of such growth was the launch of videolotteries (VLTs) that generated € 989 M in the month of April and € 3.2 bn during the first quarter 2011 with data that are surprising if it is considered that the VLT market is still in a start-up phase with a very limited number of installed machines if compared to the € 56,697 that operators are entitled to instal. An additional growth is expected to occur as a consequence of the launch of casino and cash poker games and the award of the new remote gaming licences.
The main reason of such growth was the launch of videolotteries (VLTs) that generated € 989 M in the month of April and € 3.2 bn during the first quarter 2011 with data that are surprising if it is considered that the VLT market is still in a start-up phase with a very limited number of installed machines if compared to the € 56,697 that operators are entitled to instal. An additional growth is expected to occur as a consequence of the launch of casino and cash poker games and the award of the new remote gaming licences.
Therefore watch closely the Italian market and feel free to contact me, Giulio Coraggio, if you want to discuss how to better approach the Italian gaming market.
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