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French targetting online gambling operators

2/10/10 - Three of France's biggest land casino operators - Tranchant, Barrière and Joagroupe, which run a total of 104 casinos between them, have launched litigation in the Paris Criminal Court designed to keep foreign online gambling companies at bay in a soon-to-be-liberalised French gambling market.
 
So far the French action has targeted four major online gambling operators, seeking to bar them from being granted French licenses: Sportingbet, Unibet, 888 Holdings and Bwin.
 
The legal assault could constitute an important test case and a potent weapon for French companies to exclude competitors. It is based on the grounds that the defendant companies have flouted the law by setting up French language sites to tout for custom in France without waiting for parliamentary approval.
 
Initial filings accuse the defendants of violating French legislation in "a deliberate and patent manner'' and call for licences to be withheld for two years.
 
Reporting on the litigation, The Times this week opined that if the lawsuit is upheld by French judges, the four Internet firms would find themselves at a notable disadvantage in a market thought to be worth hundreds of millions of Euros a year. Licensed operators are likely to dominate since they will be allowed to advertise.
 
The newspaper quotes Sportingbet's legal representative, Maitre Martine Karsenty-Ricard, who said the Paris court had no jurisdiction over companies operating outside France and urged judges to throw out the lawsuit.
 
"The case, which is likely to end Wednesday, comes two weeks before the French Senate is expected to back a bill authorising private online gamblers to apply for licences. The legislation has already been approved by the National Assembly, the lower house of parliament, and is likely to come into force in time for the French to bet on the World Cup," The Times reminds its readers.
 
About 100 operators will apply for a licence, according to French government estimates, but only about half will be successful. They will have the right to take bets on racing, other sports and poker, but not on activities such as slots, considered by French officials to be dangerously addictive.
 
The new operators will face high tax rates which critics say are intended to favour the two state monopolies which currently control the French market - Pari Mutuel Urbain (PMU) and Française des Jeux (FdJ). An estimated 3 million French people already bet online with sites operating outside France.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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