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Sportsbetting saves the day For French Gambling Tax
Friday February 7,2014 : FRENCH TAXMAN'S TAKE A LITTLE DOWN ON INTERNET GAMBLING
Sportsbetting saves the day in La Belle France
The French taxman had to be satisfied with a slightly lower boost from online gambling last year, taking in Euro 325 million (2012: Euro 327 million), according to numbers released by the French regulator ARJEL.
It could have been worse if sports betting hadn't saved the day with a larger contribution to taxes due to a late 41 percent surge in the last quarter, which generated stakes of Euro 264 million.
Overall, parimutuel horse racing delivered taxes of Euro 160 million; online poker contributions were lower at Euro 86 million and sportsbetting drew tax of Euro 79 million.
During 2013 the weak online poker performance numbers had been preparing the French taxman for the bad news, which by the end of the year saw cash game stakes down 18 percent to just over a billion Euros.
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.
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