Making Amends in France
The French government announced a while back that the country had decided to
alter its current gambling regulations to become more inclusive and more in line
with what the international community expects. France is a part of the European
Union and the previous internet gambling regulation was very protectionist and
did not create a fair and level playing field for all of the online casinos
operating in the international market. The EU has supported France in the
country’s attempts to now create a more open market and the process of writing
the regulations is underway.
The initial online casino gambling regulations were not very well received by
the EU or the European internet gambling industry. Some of the specifics within
the regulations were not supportive of a free and open market and the taxes laid
out in the regulations would have still made it cost prohibitive for some online
casinos to enter the market. France though announced plans to modify and amend
the previous regulations to line up with the EU’s expectations.
With the modifications completed it seems as though France is now one step
closer to implementing these regulations; the EU has seen, reviewed, and
generally approved of the current draft of France’s online casino gambling
regulations. There is a hope that the new regulations will be implemented by the
beginning of the year new year but there is a acknowledgement that it could very
well take a bit longer before all of the legislative process is handled and then
the regulations will take time to be implemented. |