Winamax is one of the world’s biggest and top online poker rooms and sports betting websites with around three million certified real money players. According to Italian gambling news channel AGIMEG, French online poker operator Winamax is anticipated to be one of the iGaming varieties to make a proposition for an Italian license.
Deposit of License Fee by the Bidding Operators
An announcement for the bids is yet to be initiated by the Agenzia delle dogane e dei Monopoli (ADM). It’s the alleged jurisdiction for releasing iGaming licenses. However, knowledge about the accurate period of time during which keen operators can apply for a license is skim. However, i has been declared that 120 licenses will be offered.
In order to be examined among the iGaming operation positions opened by the operators, a license fee of €200,000 needs to be paid by the various online gambling companies. As stated by Italy’s online gaming head Daria Petralia, ADM is anticipated to gather roughly €24 million from fees submitted by the different operators to acquire Italian licenses.
Expansion Plans of Winamax
Winamax is the chief online poker operator in France, especially with regard to cash games action. At present, there are 1,001 cash game players playing on the operator’s site related to 629 players on www.pokerstars.fr website.
Winamax has restricted its business to French players until now. But the famous brand indicated early in 2017 about specific expansion arrangements. The site disclosed on its LinkedIn page that it is searching for Italian, Spanish, Portuguese and English-speaking staff.
The progress of the site produced inquiries about the operator’s future plans. It pointed out that Winamax was apparently prepared to enlarge its mark further in its homeland. It’s likely to enter a few of Europe’s most standardised markets. Countries like Spain, Italy, and the UK are being targetted.
In the matter of Portugal, the country allowed first online gaming operators in the previous year. While the still unfledged market is considered to be one of the huge prospects. It’s precisely the reason why Winamax is interested in it.
Another Observationb Regarding Winamax
It is also necessary to observe that what is Winamax’s opinion to enter these countries. Probably, it may not be based totally on the prestige of a few of Europe’s huge controlled authorities. As stated by Casino News Daily on many incidents, gambling regulators from these countries are in a practice of settling shared online poker liquidity contracts. It’s a practice that is likely to enter into its final phases. As per the latest reports, the first shared liquidity system will be functional either by end of 2017 or in the beginning of 2018.
Winamax is trying to expand into other ring-fenced online poker business. This can simply be explained as a part of its strategy to engage in the shared liquidity practice. Winamax is one of the assured bidders for an Italian license. But it is yet to be seen if it will be able to expand its reach by entering other countries like Spain and Portugal. If it does, then when will it be able to acquire the license remains to be seen.
Other Online Betting Operators to Bid for Italian License Like Winamix
According to AGIMEG, Marathonbet and Pinnacle will also be in the list of countries to compete for an Italian license. Marathonbet provides pre-match as well as live betting markets over a variety of events and sports via its online sportsbook. The company has been in practice across Europe and the UK since 1997. Pinnacle is an international leader of online betting. It is open to countries across the globe except for any gamers based in the USA.