As last year, I will be attending the KPMG eGaming Summit in Gibraltar on the 3rd of April and will hold a gaming law session with my colleagues from the UK, Spain and Germany! 

Gaming law disputes as to the qualification of financial bets, binary bets, spread betting and trading tournaments are more and more frequent as a consequence of the continuous growth of such market. However, the main gaming law issue is whether it can be qualified as a betting product that can offered under a gambling license or a financial product subject to finance law restrictions. 

€ 226 million of GGR achieved by the Italian online casino market in 2013 are expected to double if following the potential new approach from casino game suppliers a substantial portion of the current black market will migrate to licensed websites. And this circumstance together with the launch of additional products under the refreshed gaming law regime is creating a new interest for the Italian remote gaming market. But the process to obtain an Italian remote gaming license is more complicated than expected.

Italian players can now bet through Italian licensed platforms and betting shops on the same types of bets and events offered on foreign licensed platforms because of gaming law changes setting the playfield for a substantial growth for the Italian sportsbetting market.