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Unibet Returns to the French Gambling Market While Intralot Leaves!

March 14th, 2012

The online gaming industry in France has been liberalized with many ups and downs occurring with its gambling operators. The French gaming authority is named ARJEL, which has some strict regulations in regards to maintaining original guidelines. This has caused some operators to have high costs with little profits.

Some operators had their situations fixed while others had to move out of the French market. To the operators that remained, the profits have increased nicely. One of these companies is called Unibet. Unibet was recently given three licenses by ARJEL.

The Unibet.fr domain is now available to offer services in the regulated sports betting market of poker and racing in France. This was done shortly after it purchased the Solfive Group, being one of the first casino operators to get a French license in a fast way, even though it’s a market with very high taxes. The Solfive Group had previously withdrawn from the French market since they weren’t making any profits.

Unibet returned to the French market anyways, while planning to be cautious with the new conditions that are set in that jurisdiction. Due to the new regulations, Unibet had to let go of the Eurosportpoker and Eurosportbet domains that were part of the Solfive operators.

On a brighter note, the Intralot operator is withdrawing from the French market after the ARJEL operator conceded to a request to repeal a license in sports betting that had still four more years left before expiring. Intralot left the French market due to the high payouts that were required to stimulate the Greece Headquarter Business that had a license for five years with the added option to an extension renewal. These events in the French gambling market will definitely prove interesting and must be closely watched in the months to come. Everyone is interested in Unibet’s next moves to see if it can survive. Be sure to check this great live casino for games of live roulette, live sic bo, live blackjack, live baccarat, online slots, and live sic bo, amongst others.