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888Poker Gives Up French Gambling License
December 20,2012 : 888 RELINQUISHES FRENCH ONLINE GAMBLING LICENCE
Only 22 licensees left in tax-heavy French online poker market
Online gambling operators in the tax-heavy French market appear to be voting with their feet, with the latest departures whittling the number of licenses down to just 33, held by 22 companies, according to French media reports.
Significantly, this week the major international operator 888.com became the latest to depart, requesting regulator ARJEL to cancel its licensing, and joining Pokersubito.fr operator Ad Astra and Betkup owner Sofun Gaming in exiting the market.
888 partnered with Microgaming on the internet poker front in France, and its departure is therefore noteworthy as a further blow to the growth of the French market and player liquidity.
2012 has seen a growing list of major online poker companies pulling out of France, citing limited player liquidity and high taxation.
In response, ARJEL chief Jean-Francois Villotte has undertaken to lobby government on operator concerns, but has stressed that policy on the question of maintaining a ring-fenced player pool and taxation rest in government hands.
Meanwhile online poker revenues in the French market have declined by 5 percent, according to most recent ARJEL reports, and in the sports betting sector high taxation has deterred many top international companies from applying for French licensing.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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