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French Gambling market Update
French Budget Minister Eric Woerth's draft law for liberalising the French gambling market, which was submitted to parliament's Finance Committee this week, continues to attract criticism.
The latest provisions to take flak are those connected with the French government’s intention to make operators pay sport associations for the right to offer betting on their events, allegedly to "preserve the integrity of sport". The European Gaming and Betting Association has described the proposals as highly problematic. The Association represents most of the major European gambling groups and therefore has influence.
EGBA director for regulatory affairs Maarten Haijer said that online gambling companies had no problem with contributions to sporting federations, but that such disbursements should come from the French government and be funded from the taxes that it intends to levy on licensed companies.
“EGBA members have always been willing to pay taxes and contribute to sports federations, but the EGBA is opposed to what would be a precedent in Europe," said Haijer. "There is no link between a sports betting right and the integrity of sport.”
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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.
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.
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.
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