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Online Casino News:
Betfair Blocked from France
by Joanne R Tuesday October 13, 2009 at
9:33 PM
The European Commission is expecting to
hear from the online casino Betfair as
they feel that they are being
discriminated against by the new laws
that France is passing regarding online
casino gambling. They say that the
French government has passed the law
simply to keep out online casinos of
their nature which is discriminatory and
they plan on fighting it.
France has been making great strides in
attempting to open their online casino
gambling market to foreign competition.
However, just as a new law making this
happen gets ready to pass, the country
adds on a new amendment that blocks
Betfair and the other sports betting
sites from participating.
The new amendment says that bookmakers
must be licensed by the state, they must
pay a percentage of the wins to the
sports, and they must not allow their
players to lay bets as well as place
them. However Betfair allows their
players to bet against each other which
goes against that requirement. What is
interesting about this is that they are
easily one of the world’s largest sports
betting services and this would keep
them from legally entering the French
market.
They are planning on filing a complaint
with the European Union but depending on
how it is viewed they may not have a leg
to stand on. Under European Union rules
discrimination against competition can
be legally set up if the country can
make a good case for doing so. If they
can prove that public safety is involved
then the amendment will be allowed to
proceed.
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