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Italy Introduces New Online Gaming Licensing System with Extensive Changes
Lucas Dunn, a seasoned copywriter with over six years of experience in the gambling industry, sheds light on the upcoming phase of the gambling sector overhaul kicking off in 2025. But what exactly lies ahead?
The Nitty-Gritty
Starting from next year, the operators will charge an authorization fee of 7 million dollars and a 3% operating fee. However, to qualify for a license, applicants will need to meet stringent eligibility criteria.
Tightening the Belt
The reasons behind these changes are rooted in tightening the regulatory framework of the gambling sector. With increased scrutiny and more stringent qualifications, the aim is to create a fairer and more secure gambling environment for both operators and players alike.
Rewind and Fast Forward
Lucas, hailing from New Jersey, has an extensive background in creating reviews, news, and blogs related to casinos, software providers, and games. His work extends beyond the borders of the US, reaching clients in the UK, New Zealand, Australia, South Africa, and Canada.
Despite his professional journey in the gambling industry, Lucas attended Rutgers University majoring in Psychology before channeling his artistic side as a painter, much like his father. Today, Lucas works full-time as a writer and occasionally picks up his paintbrush for some artistic therapy.
What's on Lucas' Radar?
Stay tuned for more insights from Lucas Dunn on the gambling industry. For more updates, be sure to check out his other reviews and articles on all things gambling!
Note: The specific details of the licensing requirements and fees for Phase 2 of the gambling sector overhaul were not found in this article. For more precise information, please consult the original source or relevant authorities.
In the upcoming changes to the gambling sector overhaul, participants may receive free spins as a promotional offer, despite the increased licensing fees and stringent eligibility criteria for operators (stemming from the tightening of the regulatory framework), aiming to create a fairer and more secure casino-and-gambling environment. Lucas Dunn, a contributor to updates on the gambling industry, will likely provide more information on this topic in his future reviews and articles.
