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9/24/09 - Amid the enthusiastic speculation and optimism regarding the soon-to-be-liberated French gambling market, the survey company MECN has released its factual and in-depth look at the potential of the opening sector.
Many operators expect a boost for their business from the opening of the French online gambling market scheduled for 2010, and a MECN spokesman said this week that the optimism seems to be justified now that the draft of the legal bill opening up France`s online betting and poker market is approaching adoption.
The online gambling market is expected to grow to Euro 1.7 billion (gross revenues) by 2015, and MECN has compiled a new landmark report that offers an unprecedented in-depth analysis of the French gambling market.
One of the key aspects of the planned liberalisation, which will probably take effect in summer 2010, will be the opening of the interactive/online sports and horse race betting markets as well as of online poker.
According to MECN`s new research around 80 percent of the gambling operators and experts surveyed consider the French market relevant for their future business. The focus is on online sports betting and poker - more than two thirds of operators surveyed want to obtain an online poker license under the new and more enlightened dispensation.
The survey found that operators will focus on online poker and sports betting because they expect the French market to outstrip even the success story of the Italian online poker and betting market.
Despite the many unresolved issues of the upcoming liberalisation, 77 percent of the operators surveyed in MECN`s study are looking to
obtain a French online poker license.
MECN expects that gross revenues (sales/turnover less payout of prizes and winnings) in the French interactive/online gambling market will grow by
a factor of nearly six from currently around Euro 300 million to approximately Euro 1.7 billion by 2015.
Martin Oelbermann, director of MECN, opines: "The French market will give the global online gambling market a new push and develop into
one of the key markets worldwide with online poker paving the way".
Cryptologic 14 top games to be provided to Loto-Quebec -
02/08/2012 : The companies have signed a multi-year agreement that will see Cryptologic providing a portfolio of quality games to the Societe du jeu virtuel du Quebec, the online gaming division of the provincial state lottery corporation Loto-Quebec, known as Espacejeux.
Utah : Online Gambling : HB108 -
02/08/2012 : An intrastate attempt by Utah politician Stephen Sandstrom to introduce state legislation banning any legalisation of internet gambling has failed at the start gate.
MORE U.S. DISCUSSION ON INTERNET GAMBLING DUE THIS WEEK -
02/08/2012 : Interest in online gambling in the United States is set to continue on Thursday this week when the US Senate Committee on Indian Affairs meets to hear the views of a wide cross section of interested parties on the possible impact of legalised internet gambling on tribal gaming.
Judge wont dismiss DoJ Black Friday charges -
02/08/2012 : Former Utah banker John Campos and e-processor Chad Elie, who face charges relating to the payment processing of online poker transactions, suffered a setback Tuesday when a Manhattan judge refused to allow their motion for dismissal of Black Friday indictments against them.
ANOTHER MAJOR INTERNET GAMBLING BUST IN MALAYSIA -
02/08/2012 : Police units in Malaysia raided a series of premises in a week long anti-online gambling operation, seizing 225 computers and detaining 47 men, according to reports from the Bernama news agency. All of the detained men were later released on bail.
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