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Questioning the Timeline

There is no denying the fact that the whole of the European Union has been eagerly awaiting the implementation of French regulations that will open up the French market to foreign competition. The French government is so close to finalizing the regulations that it has been announced that the new regulatory scheme will take effect in January 2010. This is great news for the online casinos and internet gambling companies prepping for entry into the French market but there are others who are a bit skeptical that the regulations will be ready in time. The European Commission has monitored the French gaming market for some time now and negotiated with the government on new regulations that will take into account EU policies that guarantee the free movement of goods and services between EU member states.

But is the Commission letting down the EU on this one? The French regulations are still in draft form but they are nearly finalized and there are some major flaws evident according to watchdog groups monitoring the situation. History has shown that it is much harder to amend regulations and legislation after implementation and so there is a pressure to get this right the first time and completely open the French market to foreign online casinos and internet gambling companies. The UGIEA is a perfect example of the difficulties that occur when a government attempts to go back and amend parts of an already implemented and enforced piece of legislation.

Some of the chief concerns with the regulation now center on the sports betting side of the regulations. The French government is responding though to pressure and suggestions from the online casino gambling industry in the final shaping of the legislation. The internet poker industry scored a victory last month with the changing of some tax parts of the regulations…there are only five months left though before the new regulations are set to take place and there is some definite work needed on the sports betting side.