Italian Regulation5 Jul 2007 21:46
LNG.The Directors welcomes yesterday's publication bt AAMS, in which fears that licences would be revoked, by the Italian betting regulator, of a clarification of the regulation of punti remoti licences which run through to 2011, additional regulation, which will come into effect on 1st Jan 08, will place restrictions on how punti remoti can operate, LNG believes this regulation will provide a more certain operating environment for the industry. The owner of Betshop Italia confirmed it does not take cash bets in its outlets, but uses pre-paid and credit cards, bank and post methods and electronic money.