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New French Online Casinos Legislation

The European Commission has encountered difficulties over the past several months in forcing the ten EU member-states in violation of EU policies into compliance. EU Commissioner Charlie McCreevy has very recently begun to tow a hard line with the countries operating online casinos monopolies. McCreevy issued final warnings to several EU countries in violation, and now it looks like France could be next on the Commissioners list. The French government is attempting to pass more legislation that would protect the country’s state-run online casinos gambling and betting monopoly by restricting banking transactions with foreign operators.

The European Commission and the European Gaming and Betting Association have both spoke out against the newly proposed French regulations. The French government’s legislation channels the same idea as the United States’ online casinos gambling ban, which limits the types of gambling transactions that the banks and financial institutions can pass through. The U.S. ban has been largely ineffective, and even if the French government continues with plans to pass the legislation, foreign online casinos gambling will simply go under the government’s radar.

The newly proposed French online casino gambling legislation is specifically designed to protect France’s gambling monopolies while blocking other EU member-states from accessing the French gambling market. EU trade policies mandate the free flow of goods and services between all EU member states – which means there is no place for state-run online gambling monopolies. The legislation concerning the financial institutions is just the first of many French attempts to create a full monopoly, the government is also considering legislation that would block foreign operators at the ISP level.

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