Deadline Looms
The pending FIFA World Cup games have the attention of the entire world as
sports enthusiasts and the World Cup teams travel from all over the world this
week to register for the games and prep for the competition. South Africa’s
population has swollen in size now that the World Cup games are on the brink of
starting and nations all over the world have reported that pre-betting is
ramping up at the land and online casinos. France is the center of attention
right now as well since many of the gambling companies are anticipating the new
French regulations will pass through into law perhaps just in time for the World
Cup games. France’s closed market is on the cusp of fully blooming and foreign
betting online casino betting companies are really hoping to boost their World
Cup market by legally including French players.
The situation is being watched closely because numerous online casinos and
betting sites have already applied for licensing in France but that licensing
process has not quite finalized and there are no actual foreign sites that have
officially received the go-ahead to operate within France and target French
gamblers. There are several major international online casinos that have applied
for French licensing and yet a larger majority of the major sites refuse to
participate in France’s protectionist regulations that were not approved by the
EU because they do embody the spirit of free trade and equality for companies
within the EU. Will Hill, Ladbrokes, Betfair and other online casino sites feel
that the French regulations that passed will make it nearly impossible to
operate a profitable business in France even with the flux of betting from the
World Cup.
There is a strong hope from some companies that licensing will come in before
the World Cup starts. And then there are the other companies that are very
frustrated with France situation and will not operate whether or not new
regulations pass. |