The Changes are Coming: France Planning To Legalise Online Casinos
Everyone who is interested in online gambling for sure knows that France is almost the only country in the European Union that currently still does not allow any online gambling activities in their territory.France to Legalize Online Casinos: Economic Boost or Challenge? | SpicyCasinos - Hottest Bonuses 2025
What are the Reasons For Such Drastic Change?
This comes as part of France’s draft budget for 2025. The Government of France anticipates that making online casinos legal could possibly help the French economy by collecting tax revenue from them. It is estimated that online casino games will be taxed at 55,6% of their turnover.
But it is not only about the French economy, and tax revenue is not the only goal. The French Government also voices an opinion that this decision could possibly help fight illegal gambling and lower the risks for public health by controlling the online gambling sector.France to Legalize Online Casinos: Economic Boost or Challenge? | SpicyCasinos - Hottest Bonuses 2025
The Opinion Of the Public
You might think that the general public was pretty much happy about this news. After all, they are almost the only ones left in the European Union who don’t have access to legal online casinos. But not all of them were happy. Let’s find out more. Land based casinos are strongly voicing their opposition to it, fearing the impact that this decision might have on turnover and jobs within this sector.
Casinos de France Union President Grégory Rabuel said: “According to our calculations, opening up online casinos to the competition will lead to a drop in the gross gaming revenue of land-based casinos of around 20 to 30% and the closure of
30% of establishments.”
As for now, we can’t say for sure what’s going to happen with the French gambling market. However, the changes are set to come into force in 2025, so in a couple of months, we will for sure see what it will bring. For now, we can only estimate and think. But the general public would probably be happy to finally have access to thousands of casinos out there.
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