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Posts Tagged ‘France’

France Gaming Market Changing

Tuesday, December 14th, 2010

For a while now Cyprus has been one of the preferred locations for gambling companies to set up shop. One of the problems that online gambling companies have is that they have to choose locations where the licensing fees and set-up costs aren’t too large. Take France for example…the country was recently criticized for increasing its taxation for gambling companies. It was labeled as one of the highest charging countries when it comes to hosting gambling companies. For this reason, critics are predicting that companies holding their licensing in France will soon pull out to find more financially friendly locations and new companies will pass France by as a possibility for setting up shop. Cyprus traditionally has never had this problem. The country has offered some of the most reasonable and sought-after business solutions for gaming companies. That could be changing though.

The Cyprus government is now toying with new rules. Legislators want to ban online casino gaming. This could seriously change the market if gaming companies are no longer able to operate within the country. In addition to the companies’ issues, Cyprus also would be affected. They get to take advantage of the huge tax dollars that come in from gambling. The law has already been turned over to the EC, or European Commission for review. Once they make a decision, most likely then the parliament is going to vote on the issue within 2010 still. There isn’t a lot of time for the changes, and this shows how much the market should be turned around soon. This law for a ban on online gambling is all encompassing too and would include slots, sports wagering, poker, roulette and other table games that go on. Right now there are about six-hundred different online casinos working in the country and that could seriously change their markets. They would immediately have to find new way of opening the door for gaming in other areas of the world. Of course there are some places that will welcome them with open arms, but that doesn’t mean that Cyprus will not suffer financially due to the changes.

Tital Poker Moving in on French Market

Tuesday, December 14th, 2010

The world of gambling is expanding considerably throughout the world. Though gambling is having some hang-ups in certain jurisdictions, others are waiting for expansion with baited breath. France is a country that is delving deeper into the market and now expanding its own gaming. Their Autorite De Regulation Des Jeux En Ligne just announced that Titan Poker has the honor of working within their country. Titan Poker of course is a leader in the world of gambling and has a long list of games to share with people. The gaming center has great bonuses and games and French gamers most likely are going to love the added option. The French market is a big one—with more than 65-million people in the country, more than 17-million of those residents have played, or consistently play at online gambling casinos. This means that most of them are already adept at picking new casinos and know what to look for. When they see what Titan Poker has to offer, they are going to most likely love the casino and take advantage of its many games and other features.

Right now Nation Traffic SAS is the official owner of the new French version of Titan Poker online. The website is one of the first casino gambling websites allowed in the country and by all accounts is going to be a prototype for gaming in the future. The government already stated that its intent is to see how this casino works and fine tune it for the purpose of future expansion. There so far are great promotions that were introduced by the company, but they also are offering a great affiliate program. The purpose here is to promote the casino that much more via social networking and grass-roots promotions. Overall this is one of the biggest moves towards complete acceptance of gambling that French officials have made. They are most likely going to continue to push the market to the ends of what it can do because of the huge tax revenue dollar income that is available via gambling. The online market remember is growing all over the world and French officials know that if they don’t offer their residents gambling, people are going to play outside of the country.

Mypok.fr Enters French Market

Friday, October 29th, 2010

The French are moving in on a gambling plan big time. If you want to see a country that has truly embraced the world of gambling, then consider watching how the French market has grown over the past few years. Now a new poker room has entered their market and it is proving to be one of the most fun rooms around. Santa Maria Group and Spiral Solutions are two companies that have joined forces to come up with Mypok.fr. The website is proving to be a premiere gaming website for residents of the country. They can easily make their own fortunes at this casino and push for even bigger returns as they continue to wager over time. The poker room is going to officially open in early 2011 so get ready for some added gaming excellence. The casino gaming website is already premiere at the national level because of the success it already has had in different countries. Right now the company is well on its way to expanding in the market and moving in on new gambling territory with some premiere bonuses and games.

If you are in the market for a new gambling company and located in France then you are going to love this joint venture. Not only does it promise to maintain the same gambling excellence that it has since it first opened, it also is pushing the boundaries of what it offers to the gaming public. You want a casino that is going to grow with you and this is definitely one of them. The best thing about the company is that it is working off its older successes and building bigger and better promotions for everyone to enjoy along the way. In the coming 2011 year expect some great things to come to the market via Mypok.fr. The company is promising to be the next big thing in the market and most likely due to its reputation will not disappoint. It already has a huge buzz surrounding it and it isn’t even November yet. You can expect that the company is going to be even better than anticipated. France is pushing for excellence in gambling and trying to capitalize on the money to be had. They are going to pick only the best gambling entities to enter their market.

France Signs Deal with Iforium e-Wallet Solutions

Thursday, October 28th, 2010

France is working its way to the world of legalized online gambling slowly. It already has gaming, but its legislators are working with a wide variety of online providers to allow for the best gaming experience for players. Now the country’s Iforium Ltd, an online software provider, was approved by ARJEL, which is the number one regulatory agency in France. Iforium Ltd. Is an e-wallet solution that is going to make gamers happier with their accounts due to the company’s premiere software and money management systems. One of the biggest advantages a lot of companies have is finding a trustworthy e-wallet provider to affiliate with. This is a huge concern for gamers because they know that they are going to be sharing personal information with the e-wallet company. If they can’t trust it that is a number one reason they pass up the company and move onto another casino gambling entity. Gaming companies know how discerning gamers are these days and how much they demand. The world of gambling is competitive and companies know that without a secure way of providing a service, they risk losing thousands, if not hundreds-of-thousands of paying customers. That can cut back on their revenues by the millions or even run them out of the market. One of the easiest things to do is to find reliable e-wallet companies and then couple up with them for the sake of dual promotions.

The e-wallet tools of Iforium Ltd are proving to be flexible and reliable. The company’s director stated that the platform is able to cater to the needs and demands of the entire I-gaming industry. The software is easy to install and quick to set up. It is a product that can easily be implemented by any gamer who wants to wager online and needs an e-wallet to do so. The best thing about the protocols is that they can be customized to various markets and various companies’ needs. Iforium Ltd is premiere in specializing their software to different uses and gaming users. This is good news for France and for ARJEL. Both are set to benefit from this addition and most likely are going to have a great time with the move.

French Laws on Gambling Up for Debate

Thursday, October 28th, 2010

Many countries are still playing with taxation laws when it comes to wagering. There isn’t anything totally written in stone as of yet and countries are writing their own laws. Some are proving to be more acceptable than others though. France is a country that is having some problems with its taxation laws. Legislators were recently charged with coming up with viable laws for taxing gambling companies within the borders, but they are now under criticism for creating taxation that is too high for the internet gambling world to support. Many industry insiders are bringing up issues to the French government that state its too-high tax laws along with its too-low returns for gaming companies. In fact at the recent Monte Carlo for Monaco iGaming conference 888.com’s CEO David Zerah stated just that—he believes that French laws could hurt the gaming market and even keep some gaming companies from trying to set up shop in France altogether.

The biggest problem, Zerah stated, is that French officials wrote laws that purposefully are too difficult and will keep gaming companies from joining the French online network. Other executives at the conference agreed with Zerah’s assessment. They too believe that France is setting itself up for disaster on the issue and is going to be hard pressed to find gaming companies that want to venture into their borders. With little returns, why should they? They have so many other options that keep them going financially so much easier. Gaming companies have the chance to be picky these days—just like gamers do. There are enough options in the market that if a bad option presents itself, they don’t have to “live with it” like other industries may. Gaming companies work hard to cut corners because they know that costly licensing and taxation can considerably eat away at their own profits and stifle them from growth. The last thing they want is to create huge followings, bring in billions, but have to contribute enormous amounts of that money directly to just keeping their virtual doors open in one country. They can easily pass up housing themselves in the French market and work out of other countries if things get too difficult. The French government has been warned.

France Shores up Rules for Gambling

Friday, August 13th, 2010

Countries are cracking down on companies working within their borders that don’t have the proper licensing. Take France for example—the country is working with the government to regulate ISPs that belong to casinos without the proper paperwork. Let’s face it—online gambling is big business. If a company sets up shop and markets to a country that is not approving of their work, they can still walk away with millions of dollars in profit. The country, however, does not benefit at all from the exchanges. The only way for the companies to come up with some revenue is to instill strict gambling laws and make companies purchase annual licenses for legal operations. It is a great way for a jurisdiction to assure that gaming is benefiting it financially for every year of its operations.

France is the latest company to take on gaming companies that aren’t licensed. The country is using regulator ARJEL to blacklist various websites that aren’t in compliance with their rules for operations. It means that any gaming company that isn’t current on its license is going to be blocked from being accessed by residents. To brace up for the changes many online gamers are receiving email messages from their gaming websites that inform them. For example, players who use CasinoClub.com recently were all given messages when the logged in. The message they received stated that due to changes in regulations made by the British Columbia Lottery Corporation, Loto-Quebec and other online gambling products will no longer be legally available for residents. The participants were then warned to remove all funds from their accounts with instructions being posted on the website.

Changes in the market are making waves. More countries are finding that to regulate gaming they have to ban certain websites and companies. Whether or not it is ethical is another question. Opponents of the bans are stating that people have the right to go to whatever websites they want and shouldn’t be censored by governments. That is the biggest issue with online gaming—censorship. How far can a government go to regulate online gambling? No one knows what will and won’t work, but governments are toying with the various bans available to them and will continue to do so until a viable option is reached and accepted.

Party Poker Announces Another Promotion

Sunday, March 28th, 2010

Online site Party Poker has major events on the way with the announcement of their French release. Poker in France has become widely popular over the past two years with well-known players such as Bertrand “Elky” Grospellier and Antoine Saout directing the way on the world wide market. As a result, many newer players have taken to the virtual games with the goal of creating in the potentially lucrative online poker gaming world. This is an exclusive deal with PMU made to take advantage of the sweeping poker trend in France. The deal will see Party’s poker software being used in conjunction with the pari-mutual horse racing company PMU to provide a new gaming site for French players. For now the project is in transition while both entities are waiting for their licensing to come through but once the technicalities are completed the website should be up and running very quickly.

PartyGaming’s CEO, Jim Ryan is ecstatic. He is pleased with the company’s recent business deal, stating that it is consistent with their plans to expand and secure the services of a number of high-value partenrships. This is one of the best thing about the gambling world- there are a wide number of affiliations going on at any given time and they only make for better gaming for the customer. Companies online are highly competitive and need to create the best promotions to bring more and more people in. The world of internet gambling is also growing quickly and technologies are moving towards better and better gaming capabilities. Only the companies that manage to maintain a dynamic and fresh use of technology mixed with great bonuses are going to remain lucrative throughout the next few years. The US is working to legalize and regulate online gaming and that means that there is a huge industry focus on the development of the market. Now that the recession is over, poeple are just starting to move back into their old spending habits and hopefully that includes gambling. It will take time to get completely back to normal, but things are looking good. Casinos are showing some growth and that’s great news for operators.

French Soccer Team Upset with Noncompliance

Wednesday, March 24th, 2010

The debates over gambling rules are not limited to the US. It seems that all over the world various business entities are debating whether or not the rules are being followed, how they should be followed and what changes need to be made. Olympique Lyonnais, a french soccer team is upset with the French national government for it’s continual failure to comply with the European Union regulations when it comes to online gambling. The Lyon team wants to accept online gambling sponsors but the French law continues to discriminate against foreign online gambling operators that are not licensed by the French government. French teams are concerned because they cannot accept advertising from any online gambling operators while their opponents from the UK and other European nations are sponsored by online sportsbooks and other prominent online gambling operators. This means that they are out of hundreds-of thousands of dollars- even millions in some cases. Sponsorship money is big bucks in the world and that includes sports wagering. If teams are not allowed to take advantage this could mean serious deficits in their own budgeting and problems with their own expenses.

As with anything in the world of gambling, there are opposing sides. One of their opponents, Real Madrid has wore shirts that bore the bWin brand. This sponsor has brought the team a lot of extra cash. This puts the French teams at a competitive disadvantage because they are unable to acquire the sponsors that help them purchase equipment, etc. “Olympique Lyonnais is now faced with the fact that we cannot display our sponsors logo this Wednesday in Madrid, in a country which legally allows this type of publicity, and during a match where the main competitor of BetClic will appear on the shirts of Real Madrid!” read a statement that was released by the Olympique Lyonnais team in France. New french regulations are being written but the legislators want to protect their gambling monopoly and continue to restrict foreign online gambling operators from accepting French players. Only time will tell what is going to happen, but with the millions of dollars at stake, there could be more and more pressure from both sides until a resolution is found.

Money Can Separate Even Friends

Thursday, December 24th, 2009

Gambling is a popular pastime among people from every country. Millions of online and land-based players enjoy the fun gambling brings. Slots are hugely popular games in the market. They provide more than 50% of most casinos’ revenue-generating games and have proven their popularity over the years. The slot machine has been around since the 1800s and quickly gained a following. Pubs and bars across the country were clamoring for the game as they saw how popular it was among patrons. It has been credited with bringing gambling to the mainstream over the past decade. Technology is keeping slots gaming popular and relevant in the market.

Despite its virtues, gambling does have a power among people– and sometimes that power is to separate. For example, recently two friends have been in the mixup of a bitter battle regarding winnings from a payout they got in March of this year. Marie-Helene Jarguel put money into a slot machine and her friend Frances Sune pulled the lever. It was an innocuous game that was meant to be played for fun, and not competition. Both friends decided to split the money prior to winning and never though that a payout would separate them.

Back in March the ladies won a casino jackpot. Together they played the machine and together they agreed on sharing the payout if any. It was a friendly game of slots shared by two friends. Then an unfortunate thing happened—they won. Suddenly both parties changed their tunes and a battle ensued. Jarguel felt that since she was the one who paid for the opportunity to win, the entire jackpot winnings should be hers. Sune felt that it was her lucky pull that led to the winnings, so he should be entitled to some of the money.

On Tuesday, a court in Montpellier, France, ruled in favor of both sides. Jarquel will get to keep eighty percent of the $2.91 million that was won. The other twenty percent will go to Sune. The case set the precedent regarding defining the official “winner” of a slots game. The judge acknowledged that both players had a hand in the win and both deserved to share in the spoils of the payout.