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France’s National Assembly Passes Bill to Regulate Online Betting

6 April 2010 by Devon Chappell

If there was ever any doubt before whether France would legalize online gambling, or better yet, greatly liberalize and regulate French-facing online casinos, sportsbooks and poker rooms – including those owned and operated by foreign companies – consider it washed away at this point in time.

This just in: The French National Assembly has voted in favor of the bill that would stand to legalize the most popular forms of online betting, thus bringing France one giant step closer to following in the footsteps of England and becoming the next world leader to embrace a less protectionist and more tolerant stance toward online gambling.

Euro online casinos are certain to be excited about the bill even though the legislation hasn’t officially “passed” as of yet. The bill first made it through a reading by the Senate in February, and now needs an approval from the French Supreme Court and Constitutional Council. And, of course, there is the green light from the EU, although it’s not like the EU did anything to stop France from anti-monopoly gambling activities before.

Speaking of monopolies, La Francaise Des Jeux (FDJ) – which just so happens to be the second largest lottery operator in the world – and Pari-Mutuel Urbain (PMU) – the largest European horseracing monopoly – have both already taken measures to ensure they remain Kings of the Mountain when the gaming floodgates open to foreign betting operators.

Last month, FDJ bought out LVS, which was previously awarded a contract to supply a fixed odds online sports betting feed for FDJ. As for PMU, they have already signed contracts with Paddy Power and Party Gaming, each to provide sports betting and an online poker platform respectively.

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