The online gambling company from the UK Bet365 starts in Italy
The company Bet365 has been existing on the gambling market for a long time already in the UK and has significantly increased its size since 2000 when it was created by Denise Coates in Stoke-on-Trent. Denise created a platform for sports betting and trading team to start his online business in March, 2001. Currently Bet365 takes the leading position in the world’s online gambling, providing its services to more than 14 million players from about two hundred countries.
It was noticed some liberalization in the Italian gambling market in 2006, but due to the conflict in 2009 between the European Union regulations and the European commission when the Italian Autonomous Administration of State Monopolies or Gaming Authority AAMS was called in question, Italy had to edit its laws.
Due to licensing and regulations that currently allow other gambling operators enter the market of Italy, Bet365 is doing a step that will see this UK gaming operator starting its proposals in this country. Bet365 has lately informed the public about launching of a new website in the country. Italian customers will receive the full set of casino games, bingo, poker tables and sports betting options via online or their mobile devices.
The gambling market of Italy has some difficulties with taxations and terms introduced by the governing body, but many big operators proceed to think that Italian market and the price of operations there can bring sufficient profits. William Hill, Paddy Power, Lottomatica and Betfair will be the competitors of Bet365. The operator Bet365 offers sports and financial betting regulated and licensed by the UK Gambling Commission. The games, casino, poker, bingo and Vegas are regulated and licensed by Gibraltar government.
The company Bet365 has already reached certain success in such controlled markets as Spain, Denmark and Australia. It has already opened a website under these jurisdictions and is now waiting for the approval of its applications in Bulgaria.