Italy: Bets out of Palinsesto – a step forward

AAMS has just published the draft version of the new protocol of communication PSQF introducing the possibility to offer sportsbetting markets not included in the AAMS’ official schedule, the so called palinsesto.

We previously reported that the draft decree allowing operators to offer in addition to the type of bets and events included in the AAMS’ official schedule their own customised sportsbetting bets had been submitted to the European Commission. The draft decree has been approved by the European Commission and AAMS is completing the technical developments necessary in order to enable the offering of such games in compliance with Italian technical and regulatory requirements.

This is the reason why the new draft protocol of communication of the data between operators’ servers and AAMS’ servers for these types of bets has been published and subject to a request of opinions. Operators will have 15 days to submit comments to AAMS and hopefully the regulations will be approved shortly after that.

The coming into force of the decree regulating customised bets represents a massive development for the Italian sportsbetting market that from its launch has been subject to considerable restrictions if it is considered that because of such regulatory restrictions the offering of markets for football by Italian licensed operators is currently around 10% of the markets available on .COM platforms for the same sport.

Such circumstance is also one of the reasons of the size of the Italian black market. Players can find more interesting type of bets and events on .COM platforms and in some cases better odds because of the lower taxation. The hope is that the offering of customised bets by Italian licensed operators will considerably reduce per se the Italian black market increasing the size of the licensed market.

It will be interesting to see the consequences of the launch of these games in the Italian market, but in the meantime feel free to contact me, Giulio Coraggio, if you want to discuss the above.