Amongst a brief spell of uncertainty for iGaming and on-shore gambling, the Italian betting landscape is undergoing a major revamp to further ensure safer gaming and betting standards are upheld by operators and providers to protect the Italian players.
The Italian governing bodies decided to extend current regulatory standards until 2024, which meant that providers and operators could have time to adapt to any new regulations that come into play two years fr om now.
Altenar, a sportsbook software provider, that has witnessed great success within the Italian market, values the insistence of ADM, the Customs and Monopolies agencies in keeping the betting landscape safe for bettors and players who are enjoying the intrinsic entertainment value of betting, gambling and the like.
In light of the news surrounding regulation, why do operators trust providers, like Altenar, to secure the correct licences and certificates to operate?
Let’s take a look …
A Need For Increasingly Modern & Secure Online Platforms
Altenar understands that aligning the needs and wants of the operator and the governing body is how a successfully secure and fun betting platform is created, and as a result, needing to have a robust regulatory framework keeps providers and operators on their toes.
Ensuring the betting landscape, for many players, remains a space that a bettor wants to be a part of for all the right reasons.
The Ministry of the Economy would like to see a dissolution of in-land betting shops to further promote safer gaming, and a way to ‘gradually reduce their venues/locations within concentrated safe environments’.
This will see a greater need for online gaming platforms and could produce a more competitive landscape wh ere operators will need the working knowledge and adaptive nature of a provider like Altenar.
As a result, some of the proposed systems to increase safer gaming policies or ‘compulsory centralised controls’ would be as follows:
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Customer limits on spend/time
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Wagering stake limits
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Providing instant access to Italy’s national self-exclusion registry
The future of Italy’s betting landscape is an exciting and interesting one, especially for providers like Altenar who are well-versed in adapting to new regulations in a host of traditionally strong regulatory landscapes.
You can discover more about Altenar by contacting the team today or visiting the website for more information.
