Connect with us

Hi, what are you looking for?


France opens market to online gaming

PARIS, Jun 8 – France officially opened up its online gaming market on Tuesday, granting 17 licences to 11 operators three days before the start of the soccer World Cup in South Africa.

A decree published in the Official Journal said three types of bets were concerned: on horse racing, betting on organised sports events and taking part in 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 Tuesday 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.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...