France announced, last Friday, that it will
soon open its market for Online Poker,
online betting and gaming market.

Two days after a meeting with Charlie
McCreevy, the European
Commissioner
for Internal Market and Services, French
Budget Minister Eric Woerth reportedly
communicated the guidelines in which
France will undertake a “controlled
opening” of its online gaming market.

The meeting highlighted on the European
Commission’s infringement procedure
against France, the possible methods or measures in implementing the opening of online gambling market in France, and the period of time for the measures to be approved by the French legislature.

Woerth said that he will discuss the guidelines with the French Government on a cabinet meeting scheduled Wednesday.

Taxation levels for online gambling firms, according to Woerth, had not been set for the reason that he wanted to consult first the different parties involved in the sports and betting industry.

Other than the taxation levels, the sports team sponsorship issues has not yet been discussed.

Woerth also wanted to make sure that the technology, they will use in electronic data processing and financial transactions , is well secured.

By autumn, the bill to open the online gambling market will be presented to the French parliament.

The regulatory body is said to start setting up during the first half of 2009, awarding of licenses will take place before 2009 ends.

Operators or parties are required to obey any decision that will be handed down by the present legislative set up.

As of the present day, online games or any promotions related to them are still forbidden.

According to Woerth, the operator’s behavior concerning promotions about online gambling will be considered and evaluated before the awarding of licenses.

Anyone who will disobey the present rule will be accountable and will pursued by French authorities.

Referring to the monopoly and competition of online gambling sites in other countries, Woerth proudly said that it is for the sake of “realism” that France decided to open its doors for the online gambling market.

He was reportedly happy to announce that his dialogue with State Secretary for European Affairs Jean-Pierre Jouyet, was successful.

Since Commissioner McCreevy said that guidelines Woerth presented to him was positive, the bill will be presented to the commission before presenting it to the Parliament.

If everything is successful, Online Poker, casino games, like roulette and blackjack will be launched.

Awarding of licenses will be done by regulatory authorities to make sure that the young will be protected and to make that safe gambling will be strictly enforced.

Licenses of a five year period will be given to operators with reference to industry sectors; licenses obtained in other European states are welcome to apply for licensing in France.