France needs to radically overhaul its online gambling market, according to a new study by the association representing the country’s online operators. The Association Française de Jeu en Ligne (AFJEL) has released a study of the first five years of France’s regulated online gambling market. The study credits the market with mostly achieving its primary objectives of keeping a lid on problem gambling behavior, ensuring funding for sports federations and the integrity of sporting events.
So much for the good. AFJEL spared no venom in castigating the country’s much-maligned taxation levels, which hits operators with a corporation tax of 33%, plus 9.3% of sports betting turnover and 2% of online poker cash game stakes. AFJEL can only dream that French operators were in the same boat as their UK counterparts, who have the gall to grouse about having to pay the UK’s new 15% tax on online gross gaming revenue.
AFJEL also criticized France’s limited repertoire of approved sports wagers, the lack of online casino approval and the fact that former state monopoly Pari-Mutuel Urbain continues to control 85% of online horseracing wagers.
Online Poker in France Continues to Decline Poker News - According to a new report released by France’s online gaming regulator ARJEL, the country’s online poker regulated market has continued to decline despite tournament poker showing positive results.
The negative trend that France’s online poker industry began experiencing […]
Online betting finds its feet in France but poker continues to suffer From iGaming Business
Activity and gross gaming revenues in France’s online gaming and betting market have switched around dramatically in the past few months, Jean-Francois Vilotte, president of the French regulatory authority ARJEL, has revealed in an interview with the French […]
Kahnawake Plan to Operator Online Sports Betting Site The Canadian Gaming Association (CGA) is today calling on the Senate of Canada to bring Bill C290 to an immediate vote. Their inaction on the bill continues to foster an illegal, unregulated and dangerous environment for Canadian sports bettors.
On June 2 the Mohawk Council of […]