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The UK Sees Hope

The online casino gambling industry in the United Kingdom is looking toward the emerging French market with hope as competition in the UK market is currently incredibly fierce and the internet gambling companies are finding it tough to remain competitive. The French government has been adjusting the proposed new gambling regulations for a year now and they are nearly finalized. There is an anticipation that the new regulations will take effect at the beginning of the coming year and that many of the UK based online gaming companies will find immediate purchase in the French market.

France will not simply allow a free-for-all in the country but rather plans to fully regulate the online casinos before they are able to operate in the French market. The European Commission has already approved the planned French measures and even the foreign internet poker and gambling sites have weighed in on the regulations and effected some key changes. The major European online casino gaming companies are primed for entry into the French market as soon as it opens in a hope that access to the French market will significantly boost revenues coming into the companies. 888, PartyGaming, and William Hill are just three of the major gambling groups that have expressed a strong interest in the emerging French gambling industry.

The market potential in France has the online casino sites really interested because the market is valued at as much as $1.5 billion. The only concern facing internet gambling companies right now is the fact that France has not yet announced the official taxation rates for the poker, gambling, and betting sites.