France to Award 30 Licenses for Online Gambling
02 June 2010
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.
Some are already criticizing the gambling legislation saying that it is discriminating against all non-governmental organizations and is in effect creating an industry that will be monopolized by the state. Others have pointed out that due to this alleged discrimination, the new bill is actually not in line with EU standard that says that all online gambling sites should be given a fair chance to compete on a level playing field.
There are others though that applaud this new online gambling bill as a huge step forward for the industry as a whole. They state that this will be a step in the right direction as far as taxing the industry, assuring fair betting practices and avoiding money laundering through use of the internet.
Within the online gambling industry the reaction to the new French market has also been split. Some have already applied for licenses such as Everest Poker, BetClic and PMU. 888 and Microgaming have also applied and Roger Raatgever, CEO of Microgaming, said,
“We are in a fantastic position to support any company looking to launch and operate a successful online poker room in France, with our market-leading poker platform and the value-added services provided by Spiral Solutions France. With the new regulation in place, France offers a fantastic environment to do what we do best; delivering the best platform of online games to our eGaming clients.”
Two of the biggest European gambling operators, Betfair and William Hill have yet to apply however and Tim Phillips, director of European public affairs at Betfair said, “We are looking very hard at the French market and how we might operate within the new licensed regime. Though it’s not impossible for a newcomer to create a commercially viable business, most projections show it will be very difficult to do so, given the proposed restrictions imposed on license holders.”
William Hill released a statement saying, “In conjunction with the changes to the regulatory regime in France, William Hill Online is considering whether to apply for a license to offer permitted online gambling products to French residents.”
Both Betfair and William Hill have stopped accepting bets from French players as a result of not having a license to legally operate within France. So only time will tell who may get one of the 30 coveted licenses and how online gambling in France will play out amongst the gambling industry leading companies.
10 January 2017Virtual Reality Online Casinos in 2017
If you go back a couple of years, Microgaming was the first company to present a virtual reality casino game that included current technology. It was a roulette game shown at industry trade shows, and it got a tremendous reception. A lot of players thought that smartwatch apps were going to be the next big thing for the online casino industry, but instead, it's virtual reality, or VR for short. How VR Online Casinos Work There are two main components of a virtual reality casino.Read full article
31 December 2016Net Entertainment Enters Bulgaria
Net Entertainment has made a lot of news in 2016 for entering newly regulated markets. With the year winding down, no one really expected news of yet another entry like this, but they pulled it off. In the last couple of weeks of the year, this company has entered the Bulgarian market thanks to a deal with National Lottery Bulgaria, the single-largest gaming operator in the country.Read full article
18 December 2016NetEnt Makes Deal With Codere for Mexican Entry
The expansion of Net Entertainment into new regulated markets has been a big part of the news cycle for 2015 and 2016, and as we prepare to kick off 2017, they have announced yet another deal. Thanks to an agreement with Codere, Net Entertainment will be entering Mexico with their full range of titles. This is a major deal in part because it's their first country-wide bit of expansion in North America.Read full article