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Online Casino Operators Plan to Sue Italian Government

Mama mia! The Italian government needs to watch its step. Several prominent online casino operators are angry with a new Italian law that will prevent them from offering online gambling services to Italian citizens. The online casino operators are planning to sue the Italian government through the RGA (the Remote Gambling Association) over loss of income resulting from this law.

The group of online casino operators includes companies such as William Hill, Bet Fair, Coral and Ladbrokes. These online casino operators announced that they plan to sue to the Italian government due to certain sections of the new law, namely Section 66 of the country’s Draft Finance Act of 2006. This law bars access to websites that promote online gambling or offer this type of gambling on their sites. The online casino operators claim that these laws are in direct violation of approximately five areas of European Community legislation.

The case is due to be brought before the European courts in the coming months. Should the online casino operators, through the Remote Gaming Association, win their case, it is estimated that they will be eligible for millions of dollars in compensation. Perhaps the Italian government needs to do a re-think and try to reach a settlement with the online casino operators before the issue gets out of hand.

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.