France to open its doors to the Online Gambling Market in 2010

Monday, April 13, 2009

As of the 7th of April 2009, there is said to be a plan by the French Government to open up the Online Gambling Market in France. This would be opened up to state-competing and internet gambling companies by early 2010.

According to the France budget minister, the online gambling market will be open in 2010 and the authorities will being giving out licenses to companies to operate online gambling venues in France the same year, following the losses the country's coffers have experienced in the recent years from the state monopoly in gambling - the PMU (Pari Mutuel Urbain). PMU is currently the only legal option in France for gambling, both offline and on the internet, contributing over $6 billion yearly to the country's budget. But pressure from the European Union for ending sports betting and gambling monopolies in the Union has led to the decision to open the internet gambling market to other participants.

According to the plan, betting companies which are granted license to operate legal online gambling websites in France will pay tax of about 7.5% for sports betting and horse racing wagers and 2% for online poker rooms.

As more on this really interesting story unveils, Gambling-Affiliation will be there to cover it all to make sure you are 100% up to date all the time!

Just so you know, Gambling-Affiliation is the strongest affiliate network in France with a HUGE following of Sports Betting and Poker Affiliates online today and once this new law is passed, this will only increase your chances of really making it big in this industry, so if you are not registered with Gambling-Affiliation as yet, you can view all the campaigns we have available here!

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