Italy tightens control of the gambling industry

Representatives of the gambling regulator Agenzia delle Dogane e dei Monopoli (ADM) confirmed that they intend to promote new AML standards in the betting industry, as well as introduce some changes in the work of local operators.

Italy tightens control of the gambling industry
The regulatory body will introduce new requirements for the registration of players, since operators will have to record all transactions with gaming accounts and financial movements to provide relevant information in ADM.

The regulator intends to tighten the rules of work for licensed bookmakers. Players will need to enter information from the identity document: the name of the authority that issued the document, the identification number, information about the place of issue and the expiration date.

“Our main goal is to eliminate the competitive advantage enjoyed by illegal gambling operators. This innovation, along with stricter requirements for advertising, allows us to channel players’ demand for the services of licensed operators, “said Moreno Marasco, representative of the Italian association of online gambling LOGiCO.

Recall: France, Spain and Italy created a pool of poker players. PokerStars customers can now compete with the players of each of these countries for larger winnings.