Italian Online Bingo and Casinos Report Forecasts Bright Future

Written by Alex N. on 2011-07-30 at 06:14
Italian gambling laws - GamingZion
Research and Markets, a leading market researcher, has recently published a report on the current and future state of Italian online gambling market titled "Italian Online Gaming & Gambling Market Report: Bingo and Casino Games". The recently updated Italian gambling laws now allow foreign operators to enter the country’s market.

The report consists of two parts dealing with online casinos in Italy and online bingo in Italy respectively. Each chapter includes a thorough analysis of the financial figures (margins and turnovers), regulatory framework, segment features, products offered and business models involved.

Online bingo in Italy is reported to be growing steadily. The research company predicts that by 2013 the world’s bingo market will reach $2.7 billion. Back in 2009 Italy has seen the start of online bingo offerings from operators including Microgame, Gioco Digitale, Lottomatica and Sisal.

By the end of 2009 Italian bingo jackpot allocation criteria (from 58% to 70%) and taxation levels (under 11%) were changed. In 2010 Italian bingo margin reached the level of $26.6 million.

Online casino games have only become available in Italy in the recent weeks. Online casinos have the best potential for growth on a worldwide level. The company expects online casinos’ gross margin to amount to around $8 billion in 2012, which would be a 13.5 increase from 2011.

Online casinos usually consist of a wide selection of game titles such as roulette, blackjack, online slots, scratch cards and much more. Payouts are fixed between 95% and 99%. These may vary considerable from game type to game type.

For the full report on Italian online gaming market please contact Research and Markets.

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