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.