French Compromising a Win
The French government has long talked about changing the current regulations
that block foreign online casinos from operating in the market, but those
changes have yet to really happen despite all of the talk. In fact, while the
regulations are still in development and quite theoretical, the bans and blocks
are actually being enforced in the country, quite to the detriment of the
sporting industry according to some teams. With the French blocks in place
sporting teams are not permitted to seek sponsorship out side of the French
based sports betting sites and companies. For Olympique Lyonnais, or better
known as Lyon, the soccer team took its latest major win as an opportunity to
publicly lambaste the French government about blocking foreign gaming sites.
The Lyons received a lot of publicity for their big win against major rivals
Real Madrid in the UEFA Cup that played just recently. The thing is, soccer
clubs in France and throughout Europe use the sponsorship dollars as way to
better fund training and jerseys, and a whole host of other necessities as teams
travel around the world for their matches. The vast majority of other major
sporting clubs in the EU are able to accept sponsorships from foreign online
casino sports betting sites and Lyon feels that the French regulations are
causing them serious setbacks.
Numerous online casino and sports betting sites are interested in sponsoring
French teams, but at this point French monopolies have the only legal ability to
do so, and are flatly not. The French team actually issued a low level threat of
sorts, claiming that wins such as this recent win will not be possible at the
competitive level in the future without foreign sponsorship dollars. |