The Italian trade group LOGiCO wrote an open letter to the country’s president asking for a review on local gambling laws.
Italy.- Italian trade group LOGiCO, which represents the interest of online gambling operators in the country, has written an open letter to the President. The association is asking for open communication in order to review the current gambling regulations in Italy.
Moreno Morasco, president of LOGiCO, addressed Italian Giuseppe Conte and said that a total ban on advertising and sponsorship, as well as increased taxation on gaming, affects the online gaming sector. “Not only in economic terms, but also it harms the market itself,” says LOGiCO.
The trade body argues that the regulations undermine the solidity of the entire remote gaming regulatory system. It said that in the absence of a legal offer, it relegates the gaming demand to illegal channels, which are easily reachable. As gamblers can still access these sites, player protection is relegated and the regulations end up having the opposite effect, increasing social problems.
“It is paradoxical that the outgoing government introduced a ban on advertising and sponsorship when it should have instead valued the regulation of online gaming adopted in Italy,” said LOGiCO.
“I like to think that this open letter can arouse the interest of the new government in a correct understanding of the segment,” concluded Morasco in the open letter.