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WAAG: France: Overview

Like so many countries right now, France is currently in the midst of a major restructuring of gambling laws that concern the country’s land and online casino gambling industry. The French government has supported a state-run gambling market that excluded competition from foreign gambling companies. As a part of the European Union however, France is held to very specific and strict requirements that call for all EU member-states to allow the free-trade of goods and services between EU member-states. The French government refused compliance with the European Commission’s request for new and inclusive gambling regulations that welcomed foreign online casinos to compete for French gambling business. More recently, the French government is working toward compliance with the Commission and new regulations have been drafted and are in the final stages of approval.

Interestingly, although the French government is near implementation of new online casino gambling legislation, there is still controversy concerning the specifics of the proposed French legislation. As far as the market is concerned, several of the largest land and online casino betting and gambling companies are vying for entry into the market and are currently prepping themselves for the licensing process.

There is every anticipation that the new French gambling regulations will pass through into law in the next several months and online casinos are preparing for this emerging market. Land and internet gambling is already quite popular within the French market and foreign companies are eager to launch gambling sites that will appeal to the discerning French market and offer these foreign companies a piece of the lucrative French gaming market.

 

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