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Privatizing Online Casinos in France

The European Commission has apparently made some major headway in France if the recent media headlines are any indication. The Commission has negotiated with roughly a dozen rogue EU member-states concerning the land and online casino gambling issue and actively seeks to secure a free and open gambling market throughout the European Union. The only obstacle standing in the way of this goal has been the refusal of the nearly 12 EU member states advocating state gambling monopolies and outright denying foreign online casinos access to their gambling markets. France is one of the countries however that has headed the warnings from the Commission that the issue will be referred to the European Court of Justice if non-compliance continues.

According to recent reports the French online casino gambling monopoly Francaise des Juex is seeking privatization in the coming months in an effort to comply with the Commission’s requests for a more open and inclusive French online gambling market. There is no shortage of internet gambling companies eyeing the French market hopefully – Betsson is one of several companies that eagerly awaits the prospect of a legalized market with licensed and regulated online casinos.

The privatization news is also positive in that once the company is privatized some analysts speculate that the company will go up for acquisition. The acquisition of Francaise des Juex would provide one lucky online casino gambling group with a definite advantage within the French market consider FdJ has operated as a monopoly over the past several years and has a corner on the market at this point.