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No French Gambling Tax Changes For Now
Posted 3/23/11 : Finance Minister says no changes until after the presidential elections in 2012
Online gambling operators in the French market have been almost universally critical of the excessively high tax rate, claiming that it is undermining the possibilities for successful business, and the subject will certainly be on the agenda of the mandatory review of the liberalisation laws which takes place later this year.
However, positive changes are unlikely before 2012, according to the French minister for Budget, François Baroin.
Speaking at the launch of the new Consultative Committee of Games last week, Baroin said that tax reform is not appropriate at the moment and will not happen this year. He said this aspect would be considered in the late 2011 review, but that practical changes would not take place before the presidential elections in May 2012..
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Gambling News :
Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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