32Red Plc Enters Italian Gaming Market

Microgaming powered 32Red Plc, the UK’s leading online gambling group, is thrilled to announce that it will be entering the expanding Italian gambling market.

The gambling group is based in the gambling friendly state of Gibraltar and has taken advantage of being awarded an Italian gaming license by launching its impressive slots portfolio into the Italian industry.

32Red Plc will operate under a remote gambling license issued to the group by the independent Administration of State Monopolies (AAMS) which overseas all online gambling activity in Italy via extensive regulations and very stringent requirements. AAMS’s purpose of its regulation and taxation protocol is to maintain authority over public order and to keep gambling within the financial reach of the Italian government.

The group’s games will be launched on a localized website and the slots portfolio will be followed by the introduction of poker, bingo and mobile casino games in the very near future.

Ed Ware, the Chief Executive of 32Red, issued a statement to the London Stock Exchange stating that they are thrilled to be one of a relatively small number of online casino operators that are fully approved to trade in Italy. Ware added that they are confident that the market in Italy provides a huge opportunity for them to establish a new and regulated income stream for 32Red, especially with the approaching introduction of slots.

32Red’s Italian team has been hand picked and is ready to extend its reach and outstanding reputation into Italy.

Meanwhile, Italy is hoping that the introduction of casino slot games to local gamblers will give the gambling industry a much needed boost as from 3rd December, 2012.