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Online Casino Monopoly Finally Going Public

Industry rumors are circulating that France’s gambling monopoly will go public in the beginning of next year. La Française des Jeux has had a virtual monopoly on the French online casino gambling market for years now and pressure from the European Commission has forced France (in addition to other countries) to rewrite land and internet gambling regulations and open up the state gambling markets to foreign gambling companies. The rumors surrounding the slow opening of the French market have been rampant for many months and the Rothschild company is actually advising the government on how to proceed with listing La Française des Jeux on the stock exchange.

The French internet gambling market has the potential to be a very lucrative market for the foreign online casinos and betting companies that have been banned from this market over the past decade. Additionally, some lucky companies will have the option of buying up a part of the La Française des Jeux gambling monopoly – this company has strong brand recognition in the market and will certain remain popular once the market opens to foreign competition.

There is no indication yet about how much of the company will go public but there is no doubting that once the company is listed and the French gambling market is officially fully opened to competition from foreign online casinos the face of the French gambling industry will change irrevocably. It is anticipated that more information on the anticipated listing date will be announced in the coming months so that companies and investors can prepare.