iCasino working committees are expected to continue, but uncertainty will be ongoing until a new government is appointed, as all industries monitor closely the movements on an embattled President Macron. France’s online gambling sector is awaiting President Macron’s decision on the appointment of a new Prime Minister to form a government following Michel Barnier’s resignation. Barnier’s government became the first …
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France on the brink as government faces no confidence vote
France’s Gambling industry faces an uncertain future with tax rises and iGaming regulation in the balance as Prime Minister Michel Barnier faces a budget showdown with opposition to pass critical balancing measures. Michel Barnier’s government could be the shortest-lived in France’s history as he faces a vote of no confidence that he is expected to lose this afternoon. The vote …
Read More »First French iCasino working group to meet on Tuesday
Working committee will focus on addiction and problem gambling measures for French players, amid the backdrop of another government take-down… The working groups set to evaluate whether France should regulate online casinos will meet from next Tuesday, 2 December, with the first meeting set to focus on how regulation might help with addiction and problem gambling issues. The project is …
Read More »French Senators vote through tax hikes on gambling
Breaking developments in France see Senators approve of new tax hikes across all gambling activities. Meanwhile, Jake Pollard examines FDJ’s unexpected opposition to the upcoming online casino regulation in France, criticised by opponents as protectionist and hypocritical. French Senators have voted in favour of the government’s “comportmental tax raises” targeting soft drinks, tobacco and gambling. The tax hikes on gambling …
Read More »France postpones Budget amendment on iCasino laws
The government of France has withdrawn the ‘proposed amendments’ to the 2025 Budget to legislate and launch an online casino market. The decision was announced on Sunday by Budget Minister Laurent Saint-Martin, who stated that further consultations were needed to avoid the negative impacts and job losses warned by regional stakeholders. “There was talk that the government would submit an …
Read More »France’s iCasino future revived by break through amendment
Jake Pollard reports that an amendment introduced over the weekend will kick off the regulatory process that could see the last major western European market regulate its online casino sector. The French government introduced an amendment over the weekend to regulate online casino and has set in motion the process that could see France become a regulated iCasino market, but …
Read More »French gambling fears +60% tax burden
Despite netting H1 growth, French stakeholders fear “monumental impact” of rumoured tax increases sought by new Prime Minster Michel Barnier France’s gambling GGR was up 3.8% to €5.5bn in the first half of 2024 compared with the same period last year, with FDJ recording a rise of 5.5% to €3.5bn in GGR and online sports betting operators’ GGR rising 10.5% …
Read More »Paddy Power shortens odds on 2018 UK General Election as PM May faces party revolt
The pressure is mounting on embattled UK Prime Minister Theresa May, as Brexit negotiations head towards collapse, and rumours surface of a potential Conservative Party revolt against her leadership. Last week, the European Union’s Chief Negotiator Michel Barnier gave the UK government a two-week deadline in which to ‘clarify its stance on financial obligations and EU citizens’ rights’. Barnier warned the …
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