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France Online gambling tax rates still undecided
French gambling industry executives and other parties interested in the possible regulation of Internet gambling in France assembled last week in Paris to discuss issues and listen to the latest progress report from French government officials responsible for driving the project and drafting proposed regulations. The gathering attracted some 400 delegates - twice the number that attended a similar event last year, indicating growing interest in the future regulatory and tax regime in a tough economic climate.
French government officials told the gathering that they were on track to submit the first draft of a sports betting licensing scheme at the end of this (2008) year. Tax levels have yet to be clarified despite wide speculation that a 14 percent rate based on turnover may be applied - not a popular number with many operators who draw an important distinction between turnover and gross win.
Representatives of major French land gambling groups like Partouche and Barriere voiced frustration at the prospect of being unable to offer Internet gambling in competition with EU-based competitors and the state monopolies Francaise des Jeux and Pari Mutuel Urbain, and gave notice that they would lobby the French government for the right to compete.
There was some concern that it could be another year or more before operating licenses were issued, and it appeared to some that the global decline in business has brought the need for other sources of revenue into sharp and more immediate focus.
Delegates present at the meeting noted that government officials appeared to be paying close attention to consumer protections
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
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Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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