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Italian Government with Online Casino Ban

Over 600 online casino sites are about to be blocked, after a ruling by the Italian government deeming that the acquisition of credit information by online casino operators is illegal under Italian law. The government will force Italian internet service providers to block over 600 online casino sites, including all online gambling sites licensed in Malta.

The government’s move is intended to prevent online casino operators from illegally targeting Italian fans of online casino gambling. Under existing legislation, casino sites may only operate in Italy if they are in possession of a license from the government. Strict penalties have also been announced in conjunction with the government’s new stance. Any Italian internet service providers who are found to be in breach of the new law stipulating all traffic from online casino into Italy must be blocked will face large fines.

The initiative has provoked a storm of protest from online casino operators in Malta, Gibraltar and the Caribbean. Some of the online casino companies and sites that are now banned are major gambling operators such as Bet Fair, who will no longer be able to welcome Italian citizens to its casino site. The company is one of many that hold online casino licenses issued by the Maltese government. Insiders say a multiple challenges to the new laws are expected.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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