[F I N A N C E
NEWS
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VIEWPOINT
CHRISTIAN TIRABASSI
Senior Advisor – Advisory & Investments for the Gaming Industry, Ficom Leisure
From Monday 3 December, more than 50 AAMS-licensed operators launched online slots, the last product to be regulated and the most successful product of the international online casinos. The aim of the Italian authorities is to recover the enormous online gaming revenues that continue to migrate towards offshore unauthorised operators. Based on our strong experience in the international gaming industry online since 1996 we wanted F?6???V7B?BF?7G&?'WFRFF??????R66???w&?72v??r&WfV?VW2?tu"????F?7F????ffW&VB'?V??6V?6VB??"F?B?6???W&F?'2?F?RFF6??W2g&??f?W"v??r?Ff?&?2?B?267W&FRWF?36WFV?&W"#"?vRW7F??FVBF?R?7BV'FW"#"&6VB???&?WBG???72F?BvR?F?6?FR&6VB??????v?RFWfV???V?G2GW&??rF?R?V"?F?R??F?6F?"?2tu"( 2F?Rf??V?R?b&WG2??W2F?Rv?????w2F?7G&?'WFVB?F?RFF6??w2F?B??#"F?R?F??2v???7V?B??&RF??(*?#sf???V??6V?6VB66???2?&?GV6??rV?&VwV?FVBGW&??fW"?b??&RF??(*Ö&????&RF????b?bF?R'W6??W72?2&W&W6V?FVB'?????R6??G2?v??6?66?V?Bf?"(*?R?&&??b&V6V?G2?Btu"?b(*?Sf??f?wW&Rv??6??2?'F??VB'?7V'G&7F??rg&??F?Rw&?72v?????w2??v?F???72?bF?&WfV?VW2?b?fW"(*?s??F?RFF6??w2F?BF?R?F??2??7&V6VBF?V?"7V?Bg&??#F?#"'??bR?v?F?66???W"?B66???&VwV?F??r??#?F?R6Vv?V?BF?B??7&V6VB?2F?R6??G2F?BvW&R??Bf??&?R??F?R?F??&VwV?FVB?&?WB?UU$?T?4???54????55TU2D????rtU$??????????F?RWW&?V?6???76????2?77VVB????&'?w&?W'&?G266??W7v?r???7FV??( ?27FFRG&VG?&WGW&?7FW&6???BV??W7F???&?&W7G&?7F?fR&Vv??Rv?V?B&R6?v????6?B7FW&6?v&G2???RF?BF?RWW&?V?6???76???6???B&?fR?( ?F?RWW&?V?6???76???( ?2FWF??VB??????v??7B66??W7v?r???7FV??6V?G26?V"?W76vRF?B?V?&W"7FFW2&R?????vW"v???rF?&R???vVBF????6Rv??r&VwV?F???2F?Bf??F??VWBF?RFW7G26WB'?F?R4?UR?( ?6?RFFVB?66??W7v?r???7FV???B&VV?F?R?????R?bvW&???( ?2b7FFW2??$?:F?FW,*??BF?f??????Rv?F?F?R7FFRG&VG??v??6?&??6W2F???B&VwV?FVBF?B?FRVv??rF??W7B#7?'G2&WGF??r?6V?6W2v?F???&VwV?F????b?F?W"fW'F?6?27V6?2??W"?B66????F?RFVF??Rf?"?6V?6R?6F???<*?2&VV?W?FV?FVBV?F??#??V'??FWF??VB??????v??7BF?RFV6?6???g&??F?RvW&??*??L*?b66??W7v?t???7FV??F?&??6??G2?v?'&V?v?Vv??r?Vv?6?F?????ff?W"?b&WGW&?F?F?R6?V?G'?( ?26??G&?fW'6??7FFRG&VG??f?7W6??r??6??6W&?27W'&?V?F??rF?R?Wr&Vv??^( ?2?6??bG&?7&V?7??F?RVW7F???26?VB&?WB66??W7v?t???7FV??( ?27F?f?F?W2&RW?V7FVBF?&?6RVW&?W2&?WBF?R?fW&??6????6R?bF?R7FFRG&VG?v?F?UR?r?'F?7V?&?'???F?BF?RT??F?Rf?&?W"?77V??rFWF??VB???????b?G2?v??6?w&?B?v?:??6V7&WF'?vV?W&??b??&'?w&?WF?RWW&?V?v??r?B&WGF??r76?6?F????Tt$??6?C?( ?66??W7v?r???7FV??( ?2&??6VB??fRg&??7W7F??&?R?BUR?6????B?6V?6??r7?7FV?F????6??6?7FV?@??T?t?b?UD??U2E$eB?5B$????G&gB?Vv?6?F???6?V?B?VBF????B??b?6??7V?F???F??F?RT?v?fW&??V?B?2V?fV??VBG&gB?Vv?6?F???F?Bv????VBF????F?b?6??7V?F???F??B?6V?6??r&Vv??R&V??r???6VB??T??f6??rv?&??r?W&F?'2???W"V?F?F?VBG&gBv?&??r??6V?6??rbGfW'F?6??r?&?????Vv?&?&W'G6??????7FW"f?"7?'B?BF?W&?6??B2'B?bF?RFW'F?V?Bf?"7V?GW&R??VF??B7?'B??WF??VBF?BF?RG&gB?Vv?6?F???v?V?B( ????rf?"F?R?V?F?V?B?bF?Rv?&??r7B#R6?&V??FRv?&??r?2&VwV?FVB&VF????F??????B??b?6??7V?F???&6?>( ??F?R7V?GW&R??VF??B7?'B6V?V7B6???GFVR?2&VV?6?&vVBv?F?6''???r?WB( ?&R??Vv?6?F?fR67'WF???( ?v?F??V?&W'2?bF?Rv??r??GW7G'?6?VBF?v?fRF?V?"fVVF&6??VB?bF?R&???w2??G&?GV7F???F?&??V?B?V?FW"F?RG&gB&???????W&F?'26V???r??F?F?RT??W7B???Bv?&??r6???76????6V?6RF?V?&?RF?V?F?G&?67Bv?F?'&?F?6?6??7V?W'2?BF?GfW'F?6R??w&VB'&?F???V?FW"F?R7W'&V?B'&?vV?V?G26WB?WB??F?Rv?&??r7B#R?????W&F?'2v?F?( ?W?WV??V?N( ???'&?F??&R&WV?&VBF?&R?6V?6VB'?F?R6???76????v???R?W&F?'2??WW&?V??V?&W"7FFW2?v?'&?F"?Bv??FR??7FVB?W&?6F?7F???26?GfW'F?6R??'&?F??( ??&V??6R??F?R?6V?6R?V?B??F?V?"???R?W&?6F?7F???( ????vWfW"F?R?FW7BW"FW67&?&VBF?R7W'&V?B7?7FV?2( ???&vVN( ??B6???VB?B6??????vW"FWVFV?V?7W&RF?R&?FV7F???2f?"'&?F?6?6??7V?W'2F?R7BV?f?6vVB??6??v??rWW&?V??B??FW&?F??????G66R?# ??wwr?Vw&?v???R?6???