WAAG: France: The Regulations
The new French gambling regulations have been under fire over the past month by
several organizations because of small clauses and additions that have been
thrown into the regulations at the last minute (like what was done to the US’s
Safe Port Act in 2006). Beyond that current controversy though, the French
online casino gambling regulations are fairly finalized and the European
Commission and the European Gaming and Betting Authority have given general
approval of the bulk of the drafted regulations. The emerging French gambling
market will operate much like the Italian gambling market in that there will
still be a gate-way into the gambling market. Before online casinos can enter
the French market they will have to obtain a gambling license and agree to the
advertising restrictions and taxation structure in France.
The initial French gambling regulations were introduced in February 2009 and the
European Commission has since worked with the French government in the interim
to amend aspects of the proposed laws that were not compliant with EU policies.
The Commission rejected the drafted regulations in June and sent them back to
the French government for further changes. In addition to the Commission, the
EGBA and major online casinos and poker companies have weighed in draft
regulations and requested changes. Now, in October, the French government will
vote on the fully tweaked online casino gambling regulations.
If the regulations pass into law this month they will take effect on January 1,
2009. The new regulations call for a fully licensed gambling market that accepts
nearly every form of popular gambling from online casinos to poker and betting.
One controversial aspect that is currently under debate are regulatory changes
that may exclude exchange betting from the French market. In addition to the
licensing process licensed gambling sites will be subject to fairly hefty taxes
that will fund the state coffers and support problem gambling support measures.
|