The French budget minister’s confirmation yesterday that France’s forthcoming online gambling regulations will be enforced via payments and IP blocking measures has left would-be operators contemplating an effective tax rate of 8.5 percent on total stakes for sports betting, 15.5 percent for horserace betting and 2 percent for online poker – the sole activities to be permitted under France’s ‘controlled opening’ of the market.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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