Eight of Italy’s 10 video lottery terminal (VLT) concession holders, including Lottmatica and SNAI, have moved to settle a long-running court case with the Italian Court of Auditors (Corte dei Conti) over alleged violations of the terms of their concession agreements dating back to the opening of the country’s VLT market in 2007.

The operators have announced their decision to settle outstanding fines after the Italian Chamber of Deputies yesterday passed an amendment which allows the parties involved to settle for an amount equalling 20 per cent of the original fine handed out by the Corte dei Conti. The fines were based on state revenues allegedly lost due to the concession holders’ failure to connect their VLT networks to a central reporting system monitored by Italian regulator AAMS.

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