|Monday, June 09, 2008|
|France opens up online gambling market|
Last Friday, a French minister gave details about the opening of the French online gambling market.
For betting on horseracing, it means that foreign operators will be allowed to offer - parimutuel only- bets to French citizen and to market their services on French territory. Fixed-odds will not be allowed on horseracing, but only on sports. The land-based market will remain closed.
Operators have to get a license, pay taxes and contribute to the sport. First licenses are expected to be awarded in the second part of 2009.