According to the law, horseracing will receive a 8% return on handle from each operator. In addition, the take out for sports betting will be similar so as not to distort competition between the two types of betting. The law will also legalise poker, but casino games continue to be prohibited, as well as exchange and spread betting

In Spring 2010, a new Gaming Commission will start issuing 5-year licenses. Operators without a French license will be kept out of market through blocking of IP access and bank transfers, upon court order.

A unique feature of the law is the explicit recognition of IP rights of the (sport) event organizer, with a 1% levy on sports betting to return to the sports.

For more details, contact mbruggink@ifhaonline.org