..

Betfair Pulls Out of France

Written by:
Aaron Goldstein
Published on:
May/15/2010

With new online gambling laws in place and the European Union seemingly ineffective in getting France to follow set EU policy on i-Gaming, Betfair has pulled out of the French market. 

Betfair has announced its intention to stop accepting bets from France and is considering whether or not to make an application for a licence to operate under the new regime, IntergameOnline.com reports.

According to Betfair, there is little clarity on how the online gambling sector will operate in France. 

Tim Phillips, director of European public affairs at Betfair, said: "We are looking very hard at the French market and how we might operate within the new licensed regime. Though it's not impossible for a newcomer to create a commercially viable business, most projections show it will be very difficult to do so, given the proposed restrictions imposed on licence holders.

"French legislation will certainly benefit the incumbent players and the ultimate loser will be the French consumer. The new law does not adequately open the former monopoly's market to true competition from other operators. We hope that the review, scheduled 18 months from now, will amend the law to address these flaws."

Aaron Goldstein, Gambling911.com 

Gambling News

Maine Sports Betting Market Limited and Not Likely to Go Live for Another Two Years

Maine Sports Betting Market Limited and Not Likely to Go Live for Another Two Years

Up to 12 entities have reached out to the Maine Gambling Control Unit to introduce themselves and offer information about their services, but they're not who you might think.

Kevin Durant Next Team Odds Have Suns Favored at 4-5

Kevin Durant Next Team Odds Have Suns Favored at 4-5

The Brooklyn Nets come in at the middle of the pack to win the 2023 NBA Championship, thanks in no small part to Kevin Durant asking to leave.

Can I Bet Sports Online With Just a Valid Email?

Can I Bet Sports Online With Just a Valid Email?

More and more online sportsbooks are moving to the anonymous wagering model.  Sites like Nitrobetting only require a valid email to open an account and to get paid.

Premier League Clubs Will Vote on Banning Gambling Brands as Shirt Sponsors

Half of last season’s 20 top-flight teams in the Premier League had betting sponsors on their shirts, but that could soon be changing.

2022 NFC North Early All Weeks Game Spreads

Beyond the week-by-week spreads, you can see each team’s Super Bowl, conference and division odds.

Syndicate