French market to open 2010

15.04.2008, Lesen Sie hier den Bericht über «French market to open 2010».

In France, Budget Minister Eric Woerth has announced that the Government of President Nicolas Sarkozy is looking to open the market to gambling firms from elsewhere in the European Union next year or by the start of 2010.

Woerth told French daily newspaper Le Parisien that he expects the government to complete plans this year regarding a test phase in 2009 or 2010 and that private betting providers licensed to operate under French regulations will be subject to the same conditions and tax policies as Pari Mutuel Urbain (PMU), the current monopoly betting operator.

"It is up to the President and the Prime Minister to decide but my feeling is that you shouldn't rush things,” said Woerth. "In 2008, we should be able to spell things out and then, should it happen, launch an experimental period in 2009, the beginning of 2010.”

Woerth told French daily newspaper Le Parisien that he expects the government to complete plans this year regarding a test phase in 2009 or 2010 and that private betting providers licensed to operate under French regulations will be subject to the same conditions and tax policies as Pari Mutuel Urbain (PMU), the current monopoly betting operator.

"It is up to the President and the Prime Minister to decide but my feeling is that you shouldn't rush things,” said Woerth. "In 2008, we should be able to spell things out and then, should it happen, launch an experimental period in 2009, the beginning of 2010.” Yogonet.com

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