Italy: Licensees to be entitled to install up to 56,697 VLTs | Yogonet International
This represents a relevant opportunity for gaming operators and managers

Italy: Licensees to be entitled to install up to 56,697 VLTs

2010-05-21
Italy
Reading time 44 seg

Licensees will be shortly entitled to install up to 56,697 VLTs awarding maximum wins up to 500,000 euros which is a massive change for a country where there are only 4 "real" casinos (that were obviously among the major oppenents of VLTs) and criminal laws prohibit the opening up of new casinos.

This represents a relevant opportunity for gaming operators and managers since they will be able to set up VLT casinos reproducing the "look and feel" of real casinos and, if this business model is succesful, Italian players are likely to prefer VLT casinos located close to their cities to real casinos that are all located in the North of Italy.

Besides, VLT and games manufacturers can be confirmed by the last deals advertised on the press; and is also an opportunity for providers of services connected to VLT casinos reproducing in some ways the same approach adopted in Las Vegas where casinos are surrounded by a number of side-offered services (e.g. hotels, restaurants, theatres, shopping malls etc.).

The market is still to be created and it will be very interesting to see who will be its main actors.

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