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Italian Government to Consider Recognition of Esports
The Italian Government has confirmed plans to recognise and regulate esports, after controversial seizures of equipment at several venues across the country.
The Customs and Monopolies Agency had seized equipment from several esports venues across Italy at the end of April.
The agency said the move followed a complaint, which required it to “verify compliance of taxation on gambling and with regard to the correct application of the legislation aimed at the protection and health of minors”.
Existing Italian law has classified local area network (LAN) equipment similarly to gambling, slot and arcade machines.
“It is quite clear that the purpose of the checks carried out last weekend was to ascertain compliance with the regulations currently in force, with the aim of protecting their own operators in the market of LAN rooms that make gaming equipment available legally and responsibly,” the Customs and Monopolies Agency said.
The Italian Government has since confirmed it will seek to introduce legislation, which will include the establishment of an esports federation.
Federico Freni, undersecretary of the Ministry of Economy and Finance, said the organisation was discussing a national governing body with the Italian National Olympic Committee (CONI).
“The Government is considering, in concert with the CONI, the establishment of a federation that oversees the organisation of competitive sports gaming,” Freni said.
“The Government wants to specify, given the extraordinary importance of the sector, that all evaluations are underway for the most appropriate regulatory initiatives to ensure effective and stable regulation of the sector in a reasonable time, recognising an autonomous relevance of the devices without winning money.”
Freni added: “The Government reserves the right to evaluate the appropriateness of all the initiatives undertaken so far.”
The Italian Federation for Electronic Disciplines has welcomed the “positive news”. The organisation said the recognition of esports would support the development and sustainability of the esports sector.
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Bingo Paradise, a prominent UK iGaming affiliate, has announced its most successful quarter ever, achieving record growth during Q3 2024. The portal saw an unprecedented rise in first-time depositors (FTDs), a testament to its commitment to delivering value to players and operators in the highly competitive iGaming space.
“Q3 2024 has been a standout quarter for Bingo Paradise,” said Tom Waite, Manager of Bingo Paradise. “Our success is thanks to the hard work of our small team of talented writers and the oversight of our dedicated compliance manager. Together, they ensure that we provide honest, transparent reviews and operate within the highest industry standards. This, combined with our marketing efforts, including SEO and negotiating exciting player offers with operators, has been key to sending substantially more FTD’s to the operators.”
Bingo Paradise achieved a 65.24% year-over-year increase in FTDs compared to Q3 2023. This impressive growth underscores the affiliate’s focus on player-first strategies, such as creating honest, well-researched reviews that empower users to make informed decisions. The team’s compliance manager ensures every piece of content adheres to strict regulations, building trust with both players and operators.
A key factor in the platform’s success is its ability to negotiate exclusive offers with UKGC-licensed operators. These partnerships allow Bingo Paradise to provide unique deals that resonate strongly with players, enhancing its appeal as a go-to player resource. The focus on promoting only licensed operators also ensures fairness and security for users, which further solidifies the portals reputation.
The brands approach is a model of integrity and innovation. By prioritising compliance and transparency, Bingo Paradise, which itself is owned by Meteor Marketing Ltd has positioned itself as a trusted affiliate partner, both for operators seeking reliable collaborations and for players looking for guidance in the iGaming world. As the platform celebrates its Q3 2024 achievements, it remains committed to exploring new opportunities and maintaining its high standards.
Eagerly anticipated release now confirmed following a highly successful exclusivity period with Rush Street Interactive
Play’n GO has today announced the official US release of its hit title Colt Lightning Firestorm, following a three-week period of exclusivity with Rush Street Interactive brands BetRivers and SugarHouse.
Colt Lightning Firestorm was released in Europe and other jurisdictions in May 2024, and its release in the US comes with much fanfare following the game’s rave reviews in its short exclusivity period. The game is a sequel to the wildly popular Colt Lightning game which was released early last year, and indications at this stage suggest that this sequel may prove even more successful.
This announcement sees Colt Lightning Firestorm available to players in each state and operator with whom Play’n GO is licensed. Play’n GO first entered the online casino market in the US in 2022, and has reiterated its commitment to becoming active in every regulated market around the world.
Magnus Olsson, Chief Commercial Officer at Play’n GO said: “We’re excited to unveil Colt Lightning Firestorm to the wider online casino gaming community in the US, and have been very pleased to see its strong performance during its exclusivity period with Rush Street Interactive. We had high hopes for the game following the success of its predecessor, and we’re confident that these robust results will continue now that the game is available to an even bigger audience.”
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