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FRENCH DRAFT ON GAMBLING CONTINUES TO STIR UP CONTROVERSY
10/9/09 - Yet another amendment to the French draft legislation on gambling currently being debated by the National Assembly is creating waves in the industry.
The amendment, which the Assembly has approved, requires those Internet companies applying for licenses when the liberalisation of the French market comes into effect in 2010 to close the accounts of French residents on their playerbases, effectively making them start afresh.
The French penchant for discriminatory clauses is again noticeable in the amendment, because it does not apply to the existing monopoly companies, the Pari Mutuel Urbain (PMU) and the Française des Jeux (FDJ)
Analysts have pointed out that the selective requirement could prejudice online operators who already have substantial business from French gamblers, and will face up to a six months hiatus between shutting down their French accounts and being able to operate under licence in France.
This will give FdeJ and PMU, who are not shackled by similar restrictions, a competitive advantage, especially if they launch online sportsbetting and poker room facilities.
The European Gaming and Betting Association, which speaks for most of the major European online gambling companies, deplored the amendment as a protectionist tactic designed to give the existing monopolies a substantial edge.
The draft and its amendments have yet to receive the approval of the French Senate, but if this is forthcoming it will reveal the true intention of the French draft on liberalisation, which is to prevent EU-licensed operators from prospering in the French market and give the existing monopolies an unfair advantage, opined EGBA secretary general Sigrid Ligne.
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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