🎉 France 🇫🇷: Plans to Legalize Online Casinos in 2025

🎉 France 🇫🇷: Plans to Legalize Online Casinos in 2025

Until now, only online betting was permitted, while online casinos were prohibited. Although the news sounds promising, there is a key point❗️The proposed tax rate is set at 55.6% on revenue.

➡️ This amendment was introduced on October 19 as part of the discussions for the 2025 budget.

➡️ Market Pressure: Already in December 2023, the European Gaming and Betting Association (EGBA) urged France to regulate this sector, backed by a study estimating that the gross revenue of the black market could reach up to €1.5 billion (USD 1.6 billion) annually.

➡️ It’s important to note that physical casinos have shown strong opposition to this measure, as competition with online casinos is expected to reduce their gross revenue by 20% to 30%, putting 30% of establishments at risk.
This is the projected future of online gaming in France.

#news #Europe #gambling

⚓️ SurfGate — direct provider: P2P y UPI Collect in 🇮🇳, ACQ in Europe. Our web