The Italian Sports Betting Market: Popular sports, plentiful payment options and Player Protection
27 July 2022 - 16:59
Written by Editorial Board
This brilliance of the Italian sports betting market is one of the draws to the industry.
The Italian sports betting market is one that most of the world looks to as a staple of the bookmaker's industry, and one of the reasons for this is Italy’s proclivity for safer gaming, regulations and law that help to protect players and operators. Altenar, a sportsbook software provider, believes that safe gaming is fun gaming because it allows players to explore the sports content they love with little to no negative effects. This brilliance of the Italian sports betting market is one of the draws to the industry, and this article wants to explore the safety precautions in place that makes Italy one of the safest sports betting markets in the world.How The Sports Betting Pasta Is MadeEntry requirements & High Regulatory Systems The Italian sports betting market is tightly regulated and as a result, many providers and operators are required to have a positive work history and should be known as reputable companies. However, more requirements ensure safer gaming is the number one priority for those involved in the Italian sports betting industry: the companies, like Altenar, a sportsbook software provider had to have high-functioning software, meet turnover requirements, be an EU resident company and offer responsible gambling programs. These were just some of the rules stipulated by the governing body Agenzia Dogane e Monopoli (ADM), which formed post the passing of Article 38 (Decree on Liberalisation) in 2007.Additionally, companies are charged an initial €350,000 which helps the Italian sports betting market maintain regulation, and financial security and to act fairly within the mono-industry and market landscape. Payment Options Offering a host of secure payment methods allows players to feel safe when betting online, and many operators and providers will offer a variation of the ones listed below, or choose one.- E-Wallets
- Prepared cards
- Credit and debit cards