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French latest liberalization lawFebruary 2, 2010, 9:46 am (1 year ago)One of the more contentious conditions in France's latest gambling liberalization legislation, that candidates closed their existing of French player accounts as a precondition to getting a French online gambling license, has been discarded by the French Senate.
The ruling would have damaged applying companies vs. currently approved French gambling company including the state-owned Francaise des Jeux. According to Senator Franco, Trucy iGaming France this week the clause had been declined by French legislators as the Senate's finance commission started the last stage of scrutinizing the draft regulation. In France, lawmakers are under the pressure to conclude the liberalization law not to be late for the licenses to be issued and before the main betting event around the World Cup football championships. According to iGaming France, Trucy commented that "The issue of the shutting down of French accounts is not relevant; operators are going to be able to continue working with French players between the law being passed and licenses being issued".
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