Arjel Chief Revisits French Government Problems In Internet Gambling

ARJEL CHIEF REVISITS FRENCH GOVERNMENT PROBLEMS IN INTERNET GAMBLING

28th October, 2015 at 08:52:45
Source: http://www.azonlinecasinos.com

Liquidity and taxes remain barriers to real progress.

The reasons for lagging progress in the French online gambling market were revisited earlier this month by ARJEL president Charles Coppolani in an address to the International Association of Gaming Regulators (IAGR).

Despite the regulator's frequent recommendations for improvements, French politicians debating the nation's new digital bill have so far failed to include key reforms on issues like tax and player liquidity, which have the potential to unlock the true potential of the market.

Having initially indicated that he supported such changes, the French finance minister Christian Eckert omitted these from the new bill for reasons that are still not clear.

France's ring-fenced player market is a major problem, denying both players and operators the benefits which a truly international player pool can deliver, as discussions between ARJEL and other European regulators have shown.

Then there is the ban on table games like roulette, slots, and blackjack, which could boost revenues and activity.

But as Coppolani ruefully observed: "The priorities of the political power are often in contradiction with [ARJEL] proposals."

The tax structure in French online gambling is also problematic, and has seen many operators giving up hope and exiting the market, particularly in poker where each pot is taxed. That is exacerbated by high market entry costs for operators, and a 33% tax rate on all corporate income.

Players, as is usually the case with consumers dissatisfied with the deal they are getting, have voted with their feet, and an estimated 50% of French online poker players patronise external websites that are not licensed by ARJEL.

Coppolani gave estimates that there are less than 5,000 players active each week on ARJEL-licensed poker sites, contrasting this with a French population of 67 million souls.

Coppolani concluded that although his recommended reforms have the potential to revolutionise and reinvigorate the French market, the politicians are not yet ready to implement such changes.

Related News Tags:



« News index »



PARTOUCHE TAKE ON BETCONSTRUCT WHITE LABEL

06th March, 2017 at 19:34:18
French market an interesting prospect, says sportsbook provider.

FRENCH ONLINE AND LAND GAMBLING GIANT EXTENDS FRENCH FOOTBALL LEAGUE PARTNERSHIP

12th January, 2017 at 16:53:41
Franšaise des Jeux (FDJ) secures four-year extension.

FRENCH REGULATOR TO REMAIN AUTONOMOUS

13th December, 2016 at 09:14:58
Political attempt to merge regulator with other government organisations fails.

PMU LAUNCH PARI MUTUEL BETTING IN BRAZIL

12th December, 2016 at 13:40:20
Develops retail, telephone and internet betting platforms.

FRENCH GAMBLING GIANT IN FOOTBALL SPONSORSHIP DEAL

09th December, 2016 at 09:46:31
State-owned Franšaise des Jeux inks betting agreement with Olympique Lyonnais.