“We represent the four largest players in the gaming sector in Italy, with approximately 70% of the market share in terms of collection and revenue. It is the first time that a reality from our world comes directly under Confindustria. Our industry is worth a few points of GDP for the country and employs several hundred thousand people. We are satisfied with the general framework of the online gaming reorganization decree, as large industries we are in fact very attentive to the protection of players and the weakest groups. Given that part of the decree makes the companies that will be entrusted with the concessions need to make investments in technology to protect players and revenue, we can only agree. Legality, safety and responsibility towards players are the guidelines we use in managing our companies. The 7 million seems to us to be a figure which, given the size of the market, is adequate for the public finance objectives that the Government has set itself. We also agree on the fact that this year, after extensions that have been in place since 2016, there will finally be tenders for the new concessions. For us it is essential that as soon as the regulation of online gaming is finished, we move on to that of retail, which represents over 50% of the collection in Italy and such an important distribution cannot be separated from the overall reform of the sector. There are some small interventions that should be made to the text presented, in particular one concerns the fact that non-licensees should not be able to collect games through the dealers' websites. For us, the famous subcontracting is a distortion of the market."
The vice president of Agic said it, Michael Sessa (in the photo), at the hearing in the Senate Finance Committee on the online gaming reorganization decree.
