Operators in the online casino industry have stated their opinion on the recent French laws, which have opened the online gambling community in the country to much concern over companies not being able to prosper.
Gambling operators located internationally, who are willing to accept the business of the French have complained about taxes and additional restrictions that would pull profits, and give the existing gambling monopoly an unfair advantage.
New laws in the country do not allow online blackjack or roulette options of play, due to the Francaise de Jeux having the monopoly over these casino games. Sports betting will be allowed, but will have an 8.8 per cent tax; this percentage being a lot higher than many bookmakers would like.
Insiders have suggested that the Francaise de Jeux could lead to an offset of exposure through sports betting together with table games, but international casino operators will be left with increased risk propositions. With the exclusion of casino games it has been stated that the monopoly would be just fine.
Recent information has surfaced that these French online casino regulations have not been found to comply with European Union (EU) rules as stated by the Court of Justice. Numerous nations have been involved in heated debates over the issue of online casino gambling as well as the free markets, with response to the problems being slow.
