Italy’s gaming regulator has received about 80 applications for 120 open online gaming licenses, according to local media reports.
The application process began in January and ended this month. The bids will be opened April 19, officials said.
As part of the application requirements, all applicants had to pay a one-off fee of €200,000. The ADM will thus collect at least €16 million from the process.
While the bidders were not identified, it is expected that most applicants are already operating in the Italian online gambling market and are seeking to have their licenses extended. However, several new companies are expected to apply including Marathonbet and Pinnacle.
