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ARJEL approves online sports betting operations for France
Intralot France, a subsidiary of the international Intralot Group, has been awarded a five year online sports betting licence by the French e-gaming regulator ARJEL.
A company statement said that Intralot France will focus on opportunities in online sports betting, but plans to submit subsequent requests to the ARJEL for online horse betting and internet poker licences.
France is the second major continental market to regulate the online gaming market following Italy, a company spokesman noted this week, observing that three different online activities are subject to licensing: horse betting, sports betting and poker.
Constantinos Antonopoulos, chief executive of parent group Intralot commented: “The online licence that Intralot was granted in France is a very important step towards the implementation of our plans to capitalise on the major opportunity represented by the growth of the regulated European online gaming sector.
"With a population of 65 million and a strong tradition in the lottery and gaming industries, France will play a pivotal role for Intralot Interactive in the new era of regulated online gaming. We are looking forward to bringing our pioneering services and products, as well as exciting entertainment experiences to the French market.”
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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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