Italy – Italy approves 1,001 planetwin365 branded betting shopsBy Phil - 25 February 2015
Austrian sports betting operator SKS365 Group will open 1,001 betting ships in Italy for its planetwin365 brand.
SKS365, which already operates in Austria, Serbia, Romania and Belgium, has been granted the licences by the Italian authorities and has become the operator with the highest number of directly connected sports betting shops in Italy.
The award follows publication of Italy’s Stability Law.
Thomas Smallwood, CEO of SKS365 Group, explained: “We see these new circumstances as a big opportunity for Italy and for us as a company. We have now finally been given a framework that makes it possible for us to serve Italian customers in a nationally regulated way. It is obviously a major investment from our side, which we believe is worthwhile seeing the great popularity of our product in Italy. Now the challenge is to continue bringing our unrivalled sportsbook and maximising customer value within the Italian regulations. We are confident that the known quality and variety of our product and the dominant brand position of planetwin365 is the perfect base to succeed in this new era.”