Sunday, June 13, 2010

Ooh la la! Online Betting is on




(News Today) - It's been a long time coming - 471 years in fact - but punters in France will now be able to gamble on almost anything they like, including on the 2010 South Africa World Cup.

France officially opened up its online gaming market today, granting 17 licences to 11 operators three days before the start of the FIFA tournament.

A decree published in the Official Journal said three types of bets were concerned: horse racing, organised sports events and games like poker.

The Authority for Online Gaming Regulation (Arjel) said operators with a licence for football or sporting bets could start their activities as soon as today or Wednesday, in time for the World Cup, while the third category would get under way at the end of the month.

Under a law passed last month, the liberalisation ends 471 years of state momopoly on gambling established by an edict of king Francois I in 1539. Since then gambling had been under the authority of the state which delegated its monopoly to casinos, the national lottery and horse racing body the PMU.

Source : kompas.com

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