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ARJEL COMINGS AND GOINGS
Tuesday October 11, 2011 : Tough fiscal and regulatory regime cited as operators request licence revocation
The French regulatory authority for online gambling ARJEL has on the Amaury Group's request withdrawn online gaming and online sportsbetting licences awarded to its online gaming business SAjOO following its merge with bwin France. The merge was undertaken by the two groups to optimise profits in a challenging regulatory and fiscal regime in the French gaming market.
Zeturf France Limited has been granted approval of its online horserace betting software and Iliad Gaming for its "Freebox" online sportsbetting software by the authority. In addition, Iliad Gaming SAS has been granted a licence authorising it to operate online poker and games as well as sports betting from the domain chili.fr.
Confirming the challenging French regulatory and financial regime, 200% Poker SA has requested and been granted a revocation of its ARJEL licence with the site lying dormant since early May 2011. The company reported to ARJEL that if found it difficult to develop and compete within the current stringent fiscal parameters of the French market and had failed to perform to expectation.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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