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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.
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 Microgaming’s 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 Sunday’s 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 –115.
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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