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Stanleybet Pays Taxes in Bid to End Block on Entering Italian Betting Tenders

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Stanleybet Malta Ltd., the Maltese subsidiary of the Liverpool based Stanleybet Group, has announced its decision to pay Italian retail betting tax to the Italian regulator, Agenzia delle Dogane e dei Monopoli (ADM), for the first time ever in Italy. The first payment, made on 2nd January 2023, with the “F24” form under the same rules that apply to Italian licensed operators, refers to the revenue made by Stanleybet in its Italian retail shops for the period 1st to 31st December 2022, which by law is due for payment by 31st January 2023. ADM was informed of this decision on the same day of the payment, via letter sent to its General Manager and to the 2 top officials responsible for gaming and betting at ADM.

Four sentences of the European Court of Justice, later confirmed by the Italian Court of Cassation and, recently, by the Italian Council of State, ruled that Stanleybet had been discriminated against with respect to free access to the Italian retail licensing system: both in the initial experimental phase (1998), and with regards to subsequent public tenders: in 2000, 2006 – with the “Bersani” tender – and, lastly, in 2012, with the “Monti” tender.

In addition, ADM prevented Stanleybet from entering the 2015 and 2016 “amnesty” proceedings. In fact, with multiple trials initiated by the Italian Regulator between 2014 and 2017 against senior Stanleybet executives and against Stanleybet shop owners (CTDs), ADM effectively made Stanleybet’s participation in those proceedings impossible, due to a lack of fair and objective entry conditions. Those proceedings ended in December 2017, when the deadline for seeking participation in the “amnesty” expired.

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It should be noted that Stanleybet has never actually filed a complaint against ADM – despite all the crime reports that have been filed against its business in Italy and yet were ultimately concluded in Stanleybet’s favour.

The company has always favoured the path of dialogue. In fact, around the time of the expiry of the Italian retail betting licensing system, on 30th June 2016, Stanleybet, which by then was officially recognised as a lawful operator by the Italian courts, formally asked ADM to allow it to start paying the Italian retail betting tax in the same way as the Italian licensed operators do, by being linked to the “national totaliser” (the centralised data control system for licensed operators). ADM ignored the letter for 3 long years, and then only responded when forced to do so by the Italian Ministry of the Economy, whom Stanleybet urged to intervene as a last resort.

ADM’s historical aversion to Stanleybet should come as no surprise. After all, how could ADM, the organisation which itself was responsible for the discrimination suffered by Stanleybet, then turn around and admit that Stanleybet’s activity was always lawful? In addition, as ADM is a government body should the Italian Government not share some of the responsibility?

With the 2011 Stability Law and subsequent amendments, the Italian legislator provided for payment of the retail betting tax, not only by operators licensed in Italy but also by operators that were not licensed by the Italian authorities. However, in the latter case the betting tax payable could instead be calculated by reference to shop revenue based on tripling the average betting shop revenue for the relevant province. ADM then chose to apply these “tripling” provisions to Stanleybet, thereby effectively admitting that it still considered Stanleybet to be an illegal operator. The result of ADM’s actions was a large and unnecessary tax dispute, which remains ongoing.

During 2022, Stanleybet proposed to ADM that it was prepared to immediately start paying the retail betting tax as a licensed operator, subject to a formal settlement agreement to deal with alleged historic liabilities, with the intention of drawing a line under the issue, once and for all. Although various meetings were held in “Piazza Mastai”, ADM’s headquarters, even with the initial participation of the ADM Director himself, ADM’s position remained totally against this proposal. Even numerous settlement proposals put forward to ADM in individual tax proceedings, often with the support of the relevant Judge, were met with an absolute refusal by ADM to reconsider the calculations and Stanleybet’s position as an Italian licensed operator.

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Given that any attempt to get ADM to accept a reasonable solution to the dispute seemed futile, Stanleybet proposed during a Group Board Meeting of its Executive Directors in Liverpool, held on 15th December 2022, to start paying the Italian retail betting tax, exercising the right to pay taxes in Italy like any other licensed operator. The decision was formally approved, after further deliberation and planning, at a further extraordinary Group Board Meeting of its Executive Directors held on 28th December 2022. Stanleybet hopes that ADM will consider this proactive decision not as a challenge, but as an act of common sense made in good faith and in the best interests of the Italian State. The Maltese gambling regulator (MGA), which is well aware of Stanleybet’s history in Italy, fully understands Stanleybet’s decision and the reasons behind it, and was officially informed at the same time as ADM. Whilst Stanleybet Malta Ltd.’s aim is for full participation in the Italian regulated system, it remains and wishes to remain, a licensee of the MGA – which it thanks officially, and with deep gratitude, for its continued support.

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Sends company confirmed its participation in the ICE London Conference 2024

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ICE is the global showcase of innovative technologies, home to 600+ international brands providing access to products and services designed to enhance growth potential. Sends financial company confirmed its participation in the conference inviting to the brand’s stand for meetings.

The 6th of February is the opening day of ICE London 2024. The Sends team will spend three days of the conference meeting the current partners and establishing relationships with new ones in London. On its LinkedIn page, the company noticed that it had set up a stand to provide all the information about activity and business propositions, to meet with associates, and to engage with conference participants.

“Sends team is eager to meet the partners and new people at ICE London 2024. This event is iconic among gaming companies and market players. Organizers predict record attendance for the last London edition. We can’t miss this global event’s opportunities” , commented Anastasiia Pervushyna, Director/MLRO in Sends.

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One of the shareholders (owners) of this company is Alona Shevtsova, a businesswoman, philanthropist, and active participant in the Ukrainian and UK FinTech community.

Recent international industry events during the past year have already clearly shown the value and significance of in-person events for our industry and we expect that to be very evident in London as well”, Alona Shevtsova added.

Sends provides Internet acquiring, multicurrency personal and business accounts. Opening a SEPA/SWIFT/Faster Payments bank account is available within 48 hours after submitting the necessary documents. Sends is available in the web and app versions.

In 2025, the ICE London conference will relocate to Barcelona, Spain. The historic edition of the world’s largest and most international gaming expo ends in Great Britain. This country has hosted the event since 2013.

ICE London 2024 will be held from the 6th to 8th February at ExCeL London. To schedule a meeting with Sends representatives, please use [email protected] email or the conference application.

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*Sends is a trade name of SMARTFLOW PAYMENTS LIMITED.

SMARTFLOW PAYMENTS LIMITED is registered in England and Wales (Company number 11070048).

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It’s time to speed up AI: Slotegrator presented new exciting solutions at iGB L!ve 2023

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A new era in the iGaming industry has begun: AI-powered solutions are now becoming affordable. Slotegrator presented the new AI-powered capabilities of its turnkey online casino platform at iGB L!ve 2023 in Amsterdam.

Every year, Slotegrator presents its newest innovations at iGB L!ve. This year, the company added several new features to its turnkey online casino platform, basing the additions on the results of internal customer research and global market analysis.

Upcoming trends are a constant source of speculation in the iGaming industry. As an industry trendsetter itself, Slotegrator knows what to bet on; last year, the company predicted rapid AI growth, and these capabilities have already been integrated into the company’s solutions.

 

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The upgrades include:

  • The business intelligence (BI) module has become an Artificial BI module. Now it not only helps operators track the analytical data they need to make strategic decisions, but allows them to compare their project with others that operate in the same market. It’s an effective tool for analyzing competitors’ activities and to improve the entire business strategy.
  • ChatGPT was integrated to offer operators 24/7 business consultation. While the strategy will ultimately be up to the casino operator, ChatGPT’s capacity to offer advice can prove invaluable.
  • Fraud Detection (for collecting Big Data to reduce risk) with AI makes it easy for casino operators to set the parameters of what constitutes potentially fraudulent behavior and then segment players accordingly and take action when necessary.

 

Also, Slotegrator integrated a multiplayer chat function – an effective retention tool that emphasizes the value of live communication and offers opportunities for networking and creating player communities. The solution will see the addition of AI capabilities as well.

“This is just the first set of innovations. We are planning to use AI to boost our platform even further. The industry standards are changing, so the market can’t afford to use old tools now. Our participation in iGB L!ve 2023 demonstrated this completely,” says Dmytro Taran, COO at Slotegrator.

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SANDSOFT GAMES ANNOUNCES SECOND ‘PRESS START’ INTERNSHIP PROGRAM

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Sandsoft Games – the mobile-first game developer, publisher and investor powered by AAA talent, is thrilled to announce the launch of the second season of its pioneering internship program, Press Start. Available to local residents with an interest in getting into the games industry, the full-time internships aim to foster and nurture exceptional talent for the gaming industry in Saudi Arabia.

Following the success of the first Press Start initiative which began in December 2022, aspiring games industry professionals are once again invited to embark on the journey of creating a playable mobile game within a span of six months. Aligned with Vision 2030, the Press Start initiative has been engineered to nurture diverse local talent and provide a boost to the regional games industry. The Press Start cohort will receive support from Sandsoft’s leading industry experts in various areas, allowing them to specialize in one of three disciplines: design, art, or coding.

Successful applicants will work from Sandsoft’s flagship Riyadh Studio, with access to cutting-edge equipment and resources. Press Start is overseen by a team of esteemed games industry veterans who have contributed to renowned gaming franchises like Candy Crush Saga, FIFA, World of Tanks, Need For Speed and more, including Sandsoft’s Head of Studio in Riyadh, Yahsir Qureshi.

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Yahsir Qureshi commented:

“Riyadh is a city full of exceptional, diverse talent and love of gaming. It’s our job to identify this talent and help nurture future leaders who will shape the legacy of the KSA and global games industries. The tremendous success of our original Press Start program has been immensely rewarding for both the participants and Sandsoft Games as a whole, with a number of interns expected to join us as full time team members. Initiatives such as Press Start play a significant role in boosting employment prospects in the region and we can’t wait to welcome a new cohort to our Riyadh studio.”

Basem Alasmar, Game Designer at Sandsoft Games and member of the inaugural Press Start program, continued:

“When I first saw the program on LinkedIn, I was immediately drawn to the idea and the challenge it presented. Working in a gaming company has always been a dream of mine, so I was naturally intrigued. What captivated me even more were the experienced individuals at Sandsoft Games and the impressive game titles they had worked on. Their expertise and track record truly impressed me. This program continues to inspire me to strive for greatness, pushing me to create amazing things, learn extensively, and enhance my skills in my chosen field.”

Press Start is open to Saudi Individuals of any age and educational background who have a demonstrable interest in game development and are available to work in Riyadh. Applications are open until July 7, 2023, at 23:59 AST.

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