Are pro-icasino arguments recognized & accepted in France?

The Senate’s Financial Committee hearing that featured France’s leading gaming companies two weeks ago saw senior executives spell out the context and factors impacting their specific verticals. Although the arguments have been aired before, could the fact that they were addressed at sitting politicians may help produce a more understanding environment of the pressures French gambling groups operate under?

Nicolas Béraud, Betclic CEO and President of the online gaming trade group AFJEL, pointed out that French online operators are overtaxed, at close to 70% of their GGR, once extra costs like VAT, media spend tax and right to bet levy are included.