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FRENCH SUBMIT DRAFT ONLINE GAMBLING PROPOSALS
The French government budget minister, Eric Woerth, revealed his government's proposals for a "controlled opening" of the French gambling market in a meeting with European Commission chief Charlie McCreevy this week, but the cautious content is unlikely to appeal to everyone.
Under pressure from the EU to remove barriers to the free movement between EU members of goods and services, the French state monopoly has hitherto fiercely resisted the introduction of competitive products from major European companies. It's recent preparedness to reconsider its position will possibly influence the policies of other monopolised gambling states such as Sweden, Denmark and Holland, all of which have been warned by McCreevy that they could face the European Court of Justice unless there is change.
The Financial Times reports that the meeting between Woerth and McCreevy was cordial and positive, and France will now be expected to submit more detailed legislative proposals in the autumn, at which stage the Commission would take a final decision on how to proceed.
But betting companies remained sceptical about the proposed changes. The FT recalls a report compiled earlier this year for the French government that recommended protecting horse-race betting and allowing sports betting only if companies were located in France.
Ladbrokes, the UK operator, said a genuine opening up of the market would have to mean cross-border competition.
“However it is likely that the French government will adopt a very restrictive regime with high tax rates,” a Ladbrokes spokesman said.
The European Gaming and Betting Association said the details and the exact scope of the proposals remained unclear.
”While the implementation in France of an online gambling regulatory framework would be a long-expected move for the EU regulated operators, it is crucial that such a framework is fully adapted to the cross-border nature of the online sector and does not lead in practice to any forced establishment”, it said.
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 Microgamingís 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 Sundayís 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 Ė115.
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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