Italy Gaming Authority Approves Virtual RacingPublished May 1, 2011 by OCR Editor
Virtual racing and football games the latest to be approved for FOBT terminals.
Italian Gaming Authority AAMS has approved the addition of virtual games to the list of products available to land-based gambling licensees, it announced last week.Virtual Horse Racing Approved
Under the newly approved category, licensees will be permitted to include virtual horse racing and football games (but no other variations for the foreseeable future) in their fixed odds betting terminals at authorized locations such as betting shops.
The move comes just a couple of months after research conducted by AAMS showed that slot machines are the number one choice for the country's consumers, and that the regulation of local gaming and the introduction of such terminals has reshaped the Italian gambling landscape.Sports Betting Down
Meanwhile, Italian sports betting revenue fell an annualized 20.8 percent in March to 350.4 million euros ($507 million) as a result of the decrease in Serie A soccer games, AAMS said last week.
Soccer, which makes up about 90% of sports bets in the gambling and football-mad European nation, has affected land-based and online sports books heavily this year after the Serie A reduced the number of playing days from five to three, leading to a cut of 100 million euros in yearly bets.
Lottomatica and SNAI are two of the most active Italian companies in the sports betting sector.
For more on Italian online gambling, visit Online Casino Reports Italy.