{"id":1397,"date":"2024-11-19T09:31:00","date_gmt":"2024-11-19T10:31:00","guid":{"rendered":"http:\/\/buckinghamshire-removals.co.uk\/?p=1397"},"modified":"2024-11-21T15:03:12","modified_gmt":"2024-11-21T15:03:12","slug":"stake-takes-over-idealbet-and-pays-e7m-fee-to-start-operating-in-italian-market-in-2025","status":"publish","type":"post","link":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/2024\/11\/19\/stake-takes-over-idealbet-and-pays-e7m-fee-to-start-operating-in-italian-market-in-2025\/","title":{"rendered":"Stake Takes Over Idealbet and Pays \u20ac7m Fee to Start Operating in Italian Market in 2025"},"content":{"rendered":"<div style=\"margin-top: 0px;margin-bottom: 0px\" class=\"sharethis-inline-share-buttons\"><\/div>\n<p>Popular gambling operator Stake is eyeing up the Italian market after <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2024\/07\/31\/stake-gains-entry-into-italian-gambling-market-after-acquiring-idealbet\/\">completing a takeover of Idealbet<\/a>. Starting next year, Stake will transform the existing Idealbet online casino and sportsbook using proprietary technology and introducing games it built in-house.<\/p>\n<p>The crypto casino got the stamp of approval after paying a \u20ac7m ($7.4m) online gambling concession fee to the country\u2019s Customs and Monopolies Agency (ADM) for a nine-year license. Stake plans to open a Rome office to help create a strong presence locally.<\/p>\n<p>Talking about the plans for 2025, the Chief Strategy Officer of Stake\u2019s parent company Easygo, Brais Pena, promised it will \u201coffer a product that will attract and retain players, even in a very competitive market.\u201d<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>market entry coincides with a new online gambling licensing regime in Italy<\/p>\n<\/blockquote>\n<p>The market entry coincides with <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2023\/12\/20\/egba-questions-italys-plan-to-triple-the-online-gambling-license-fee-to-e7m\/\">a new online gambling licensing regime in Italy<\/a> under the ADM\u2019s control. As well as the \u20ac7m ($7.4m) license fee, an annual 3% charge of gross gaming revenue (GGR) net of taxes is payable starting next year, and operators must invest 0.2% of net gross gaming revenue into responsible gambling campaigns.<\/p>\n<p>An <a href=\"https:\/\/www.vegasslotsonline.com\/news\/2023\/12\/29\/meta-fined-6-5m-for-violating-italys-gambling-ad-ban\/\">advertising ban remains in effect<\/a> in Italy, preventing operators from carrying out most basic marketing activities, including sponsoring local sports teams.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.vegasslotsonline.com\/news\/2024\/11\/19\/stake-takes-over-idealbet-and-pays-e7m-fee-to-start-operating-in-italian-market-in-2025\/\">Stake Takes Over Idealbet and Pays \u20ac7m Fee to Start Operating in Italian Market in 2025<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.vegasslotsonline.com\/news\">Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >Popular gambling operator Stake is eyeing up the Italian market after completing a takeover of Idealbet. Starting next year, Stake will transform the existing Idealbet online casino and sportsbook using proprietary technology and introducing games it built in-house. The crypto casino got the stamp of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1397"}],"collection":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1397"}],"version-history":[{"count":1,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1397\/revisions"}],"predecessor-version":[{"id":1398,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1397\/revisions\/1398"}],"wp:attachment":[{"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1397"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/buckinghamshire-removals.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}