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French Online Gambling Industry Classified as Fragile

Thursday June 11,2015 : FRENCH ONLINE GAMBLING INDUSTRY FRAGILE, UNCERTAIN ABOUT THE FUTURE
 
Trade association wants tax reform and wider regulation.
 
The Association Française du Jeu en Ligne, a French trade body representing the interests of remote gambling operators, has issued an appeal to the government for tax reform and wider regulation, commenting that after five years of regulation the industry remains "fragile" and uncertain about its future.
 
Whilst many of the government's goals regarding the legalisation and regulation of online gambling in France have been achieved, the elimination of illegal and unlicensed competition from external operators has not been effective and remains a threat that needs attention, AFJEL observed, noting that research in 2013 had shown that 45 percent of French players still preferred offshore (illegal) gambling sites.
 
The Association recommends that government:
 
* Reviews the high taxation level; French operators have a 46 percent of gross gaming revenue tax burden, compared with 20 percent in Denmark, 11 percent in Belgium and 15 percent in the United Kingdom. By switching to a tax on gross profits better commercial viability could be achieved, it said.
 
* Reviews the 85 percent PMU domination of the online pari-mutuel vertical, which has not been properly opened to fair market competition.
 
* Permit regulated and licensed online activity in casino games.
 
* Widen the scope of online poker and sports betting beyond the French ring-fenced market to generate more player liquidity.

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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