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French Gaming Report Approved

After Italy, France was next to adopt the dot country model, with lawmakers first issuing licences for fixed odds sports betting and pari-mutuel horse racing in June 2010.

The French model has not been as successful as its Italian counterpart, however. The market was set up to protect monopoly incumbents such as FDJ and PMU, and has received criticism due to its prohibitive tax rates, limited product range and cumbersome registration process.

This may change, however. François Trucy, who chairs the Comité Consultatif des Jeux (CCJ), has submitted a report calling for reasonable taxation and combined liquidity with other regulated markets.

It has been approved by the French Senate’s Finance Committee, which means the report will be brought up next year, when other measures potentially opening up the French will be discussed, according to iGaming France.

The possibility of pooled liquidity has been talked about for months. French regulator ARJEL and Italian counterpart AAMS signed a memorandum of understanding earlier this summer.

Click here to read more about the regulation of the European market.

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