No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
French Online Gambling Reuters report underlines some of the hurdles ahead
4/14/10 - Online gambling sites will not rake in easy winnings from a newly liberalised French gambling market, with high taxes and strict compliance rules eating into margins and a state monopoly retaining the sweetest part of the pie, according to an assessment by the Paris office of the Reuters news agency this week.
The assessment looks at what it describes as a host of offshore online gambling groups vying for a position in the newly opened market by applying for licensing, but points out that the terrain is risky because liberalisation is inadequate: online companies have been shut out of lucrative and low-risk casino games like blackjack and roulette as well as lotto.
"We won't make any money at first. But first-mover is important in this market so we're there," said Mangas Gaming vice-chairman Isabelle Parize, who described the French tax regime as "catastrophic". Companies say the sports betting tax rate, set at 8.8 percent of revenues, will erode profits.
The French regulator, ARJEL, has also put in one of the strictest compliance regimes in Europe and requires all bets to be permanently stored in order to track and fight addiction.
Reuters estimates that online gambling in France could reach Euro 1.25 billion by 2012, the UK consultancy H2 Gambling Capital told Reuters, explaining that around 50 companies are expected to apply for between one and three licences in France.
"We're missing casino games, which is a shame, since they are important to overall financial stability," said Antonio Costanzo, interim CEO of Bwin France. "Let's just say the monopoly will do fine."
Reuters advises that in 18 months the French parliament will review the law and could lower the tax rate then, as Italy did last year when it became clear that punters were not switching to legal sites because they were too expensive.
"The question remains over what role the media companies - with more money, legitimacy and market power than the gaming companies - will play," the report notes, pointing out that so far their entry has been cautious.
Martin Oelbermann at Munich-based consulting group, MECN commented: "You'd better have a good plan. You're betting against your customers. He added that he thought gambling too risky for media companies.
Another question is whether French players will switch to the legal sites and embrace gambling. In 2009, the average French adult lost Euros 171 gambling which H2 Gambling thinks will increase to Euros 192 by 2012. Reuters describes this as modest compared to the average Italian at over Euros 400 and it could take a lot to change French habits.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.