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Partnership for French Market

Bwin’s third quarter report is in, and while there is nothing too spectacular to mention as far as the statistics and figures, a new partnership deal is a very vital part of this quarter’s report. The details of the partnership are actually quite interesting, Bwin Interactive Entertainment AG and Editions Philippe Amaury are partnering up to create a new brand and a new product for the planned emergence of the French online casino gambling industry. The French government has released information that indicates that foreign online casinos will have access to the French market no later than the beginning of 2009.

The planned opening of the French online caisno gambling market is a key news item in the European gambling market. As the French government issues new legislation and regulation for the internet gambling industry it is one more sign that the European Commission’s actions to end the European gambling monopolies are coming to fruition. As for the partnership though, Bwin and the Amaury Group announced that they will jointly develop and launch an entirely new brand and new branded online casinos tailored to the French market.

The news of the partnership agreement is actually very new information and the quarterly report is the first time that many in the online casino gambling industry found out about the partnership. The rest of the Bwin report indicated that the gambling group was able to pull in decent increases in gaming revenues across the board, but at the same time, the quarter was very calm overall and there is precious little in the way of exciting new developments – something that internet casinos reported across the board for the third quarter.

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