Casino News: Getting ready for France

Getting ready for France

 March 17, 2009, 2:57 am (2 years ago)
French financial planning minister Eric Woerth lately reported optimistic advancement on draft legislation targeted at starting up the up-till-now monopolistic French gambling market, predicting that the first liberalization is going to be in action from the beginning of 2010. One company that plans to be in the front position of those in search of a license to operate is Intralot, as said by announcements by CEO Constantinos Antonopoulos to the Greek media, picked up and reported more extensively by the Reuters news agency this week.
Not being stopped by the proposed French taxation level of 7.5 % on horse race and sports gambling, Antonopoulos announced that Intralot plans to offer for one of the 5 year online sports and horse-racing betting licenses under the more progressive French special consideration.
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