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French Gambling License 30 applications are in the works

4/24/10 - The attractions of a newly liberated French online gambling market, estimated to be worth Euros 1.4 billion on sportsbetting alone by 2011, have triggered keen interest among operators in obtaining French licensing. Initial reports indicate that up 100 licenses may be granted.
 
Les Echos reported this week that 30 companies have already made application to the new French regulator ARJEL, according to its general secretary, Frederic Epaulard, who said that candidates could be licensed in three categories.
 
ARJEL will grant licenses for five years renewable for each of the three categories: horse betting, sports betting and poker. The authority's Cahier des Charges (Specification Requirements List) lays down the conditions which must be fulfilled by online gambling operators seeking a license to offer games of chance to French consumers.
 
The requirements are contained in a 37 page document composed of 11 main chapters. Applicants are required to provide comprehensive economic, accounting and financial information, along with full details of the applicant’s online gambling website including details on the processing of players’ accounts, any sub-contracted activities and what internal controls and procedures are in place.
 
Licensing fees payable to ARJEL may vary according to the number of licenses requested. For a single licence, the fee is reportedly Euro 5 000; for 2, Euro 8 000 and for 3, Euro 10 000.
 
Some requirements deal specifically with the treatment of information with regard to CNIL [data protection] obligations, and there are stringent provisions to guard against problem and underage gambling and the exclusion of organised crime.
 
Technical architecture of the applicant’s online gambling website is also covered, particularly regarding IT security and the fairness of software.
 
Corporate transparency is a firm requirement, with applicants having to furnish full documentation regarding company directors and indeed “all individuals or parties owning more than 5 percent of the capital or voting rights…as well as those, controlling them.”
 
Financial stability is also a non-negotiable requirement; applicants must deliver up financial information and guarantee that they will not default on the payments or winnings of the players.



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$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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