Rebooted Betuniq to launch Italian-licensed site by end of October

Rebooted Betuniq to launch Italian-licensed site by end of October

Italian online betting operator Betuniq has been given clearance to relaunch its website by the end of October.

Rebooted Betuniq to launch Italian-licensed site by end of OctoberOn Wednesday, Italian gaming media outlet Agimeg quoted Vincent Saviano, current CEO of Italian online gambling operator Vincitù Group and new Betuniq director, saying would reopen for business to Italian gamblers “within 15 days.” In addition to betting, Saviano said the revamped Betuniq will also offer online poker and live dealer casino games.

Betuniq made global headlines in July 2015 when Italian police raided 1,500 internet cafes and shut down 82 online gambling sites due to their alleged links with the ‘Ndrangheta organized crime group. Betuniq’s CEO Mario Gennaro was among 41 individuals arrested during the raid.

In late August, an Italian judge authorized Betuniq’s rebooting based on Gennaro’s “decisive contribution” to the authorities’ investigation of the illegal betting operation. Last week, Betuniq’s new commercial director Ugo Cifone issued a statement saying the court’s decision “expressly provides for the possibility for Gennaro to return to work with Betuniq.”

According to Correire Nazionale, Gennaro, who has been kept under house arrest in undisclosed locations during his cooperation with the police, has agreed to work remotely and to have no contact with the betting public. His role will be confined to marketing, promotions and strategic planning.

Unlike the old Malta-licensed Betuniq, the new Betuniq will operate under a license issued by Italian regulator AAMS to Poker & Bet Ltd., a subsidiary of the Naples-based Vincitù Group.

Cifone stated that Betuniq will operate both online and via “recharge points” aka land-based stations that will allow customers to top up their accounts, but withdrawals will only be permitted via traditional payment channels (credit cards, bank transfers).

Cifone said anyone owed money via the collapse of the old Betuniq should “follow the recovery procedures” on the new site. (For the record, that inspiring sunset pictured above is an actual screenshot of the current Betuniq site, so hopefully getting your money back doesn’t mean you have to run blindly toward the horizon as the sun sinks out of reach.)