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French Gambling Monopoly Expanding Options

The European Commission has begun to exert serious pressure on the EU countries that are still operating an online casinos gambling monopoly despite requests from the Commission to open the markets up to other EU countries. Because of EU trade policies, the countries like Germany, Sweden, and France are all in violation of trade agreements because they restrict foreign access an online casinos gambling industry in favor of profitable state-run monopolies.

Perhaps because of the pressure of the European Commission though, the French government may begin to open its gambling market while strengthening the current government run monopoly so that it will still have a strong player-base when the industry is opened to foreign online casinos operators. And even without French legislation to open up the online gambling industry the French monopoly, Francaise des Jeux, has reported a startling loss in 2007’s annual income. The company has turned an increasing profit for 15 years but last year lost 1.8 percent in annual turnover. This is perhaps an indication that the government’s efforts to keep out offshore online casinos is not entirely effective.

But even with that said, Francaise des Jeux is currently in development on some new interactive online casinos games that, when released, will increase interest in the state-run monopoly right around the time that the French government opens the internet gambling industry to foreign operators. Though it isn’t a sure-bet that the French market will open any time soon, most in the industry agree that it is highly likely given the pressure from other EU countries and the European Commission.