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Italy prepares for virtual sports betting

3rd July 2012 9:28 am GMT

Italian gaming regulator AAMS has published a decree setting out the regulations for betting on virtual events, with an 18 month pilot phase set to begin with service trials to ensure compliance with the new regulations.

The service trial is open to sports and horserace betting licence holders whose virtual gaming platforms have successfully passed the AAMS compliance check, with betting on virtual events subject to a flat rate of tax equal to 20 per cent [...]

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