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France Proposes Online Poker, Internet Gambling Licensing Taxes

by PokerPages.com
Thu, Mar 5th, 2009 @ 12:00am

At today's press conference, France's budget minister Eric Woerth shared the tax structure which will accompany a bill to open up online gambling to compete with France's state monopolies (Francais des Jeux and Pari-Mutuel Urbain (PMU)). Woerth said he foresees a 2% tax on online poker, and a 7.5% tax on sports and horse racing.

The proposed gaming bill will be presented to ministers at the end of March or the beginning of April according to the Budget Minister. It is likely to be voted on in the parliament and the senate before the 2009 summer recess.

Woerth added that the opening up of the online gambling market should come into effect Jan. 1, 2010.

The change in French policy towards online gaming comes largely from pressure from the European Commission, prompted chiefly by objections raised by the sportsbetting sector.

Beginning in November 2007, Eric Woerth and Jean-Pierre Jouyet, European affairs minister, met with officials from the European Commission competition commission of Charlie McCreevy's office to discuss opening of the French gambling market (click here for related article).

More details about the proposed French Gaming Bill will be forthcoming.

Read Related Article:

  • France to Unveil Online Gambling Licensing- Is Online Poker Included?
  • France & EC Set More Talks on Opening French Gambling Monopoly
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