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Online Casino Gambling --- Casino News

It's Not Appreciated

The French online casino gambling market is not yet open, it’s that simple. France may be in the final development stages of new regulations that will open up the market to licensed foreign competition, but that hasn’t happened yet and the country is not pleased with the handful of companies that are preemptively entering the French market before the new changes have taken place. Those online casinos that have prematurely entered the market could have just shot themselves in the foot because the French officials want it to be known that those companies who jumped the gun may not receive French gaming licenses when the time comes. France is one of a handful of European countries that decided to liberalize the gaming market in an effort to further comply with European Union policies regarding free trade, as well as liberalize the market so that the government would have more control.

Unregulated markets or excessively restrictive nations are not benefiting because the online casinos are going to enter the market regardless of bans and blocks in place (nowhere is this more apparent than in the United States). For the past year now the French officials have worked with the European Commission and sought feedback from the industry about the drafted online casino gambling regulations. The new regulations will call for all internet gambling companies advertising and operating for French citizens to first obtain a license, and then pay taxes to the French government, and follow all of the still fairly strict gambling regulations in the country.

As for the online casinos, like Zetruf, that prematurely entered the market and advertised in a daily newspaper in the country just this month, that decision could impact Zeturf’s ability to obtain a French gambling license next year when the regulations take effect.