Latest News
France May Legalize 1.5 Billion Euro Online Gambling Market in 2025
France is considering creating a new gambling law that will legalize online casinos as soon as next year. According to an official filing from the government, casino lovers may be able to enjoy online casino gambling in 2025, lifting a ban upheld by previous governments.
The plan is for France to join most other European Union member states where online casinos are legal. According to the current administration, in favor of these online platforms, France and Cyprus are currently the only members of the EU where online casinos are outlawed. An official amendment to the 2025 budget has already been submitted, with debates expected to begin on Monday.
Legislation in support of online casinos would contribute to the iGaming industry in the country. While online betting is not illegal, casino gambling is outlawed. The only exception to the law against online casino gaming is Poker because it requires more skill than luck.Â
A reversal of this law could improve the gambling landscape, offering players more flexibility as physically visiting a land-based casino would be optional. This flexibility could open doors to a healthy crypto-gambling culture in France, similar to other countries like Australia. As Nikita Jones states, some of the best Bitcoin casinos in Australia offer quick deposits and withdrawals using popular cryptocurrencies. These casinos also offer enhanced security and unmatched transparency, which are perks that French players can also get to enjoy next year.
Unfortunately, brick-and-mortar casinos are strongly against the legalization. These casinos are already fighting the proposed law, complaining that they will lose a considerable amount of their turnover, in addition to a high risk of job loss due to competition from online platforms. The casino association has described the potential impact on their business as âcatastrophic,â noting that they could lose up to 30% of their gross revenues.Â
According to the head of the association, Gregory Rabuel, speaking to French media platform Les Echos, legalizing online casino gambling could cause 30% of land establishments to shut down, and lead to 15,000 jobs lost. Rabuel said 65 of 202 casinos would close.Â
On the other hand, enthusiasts believe that legalization will not exactly impact land casinos negatively. These proponents believe that since a strong online casino market already exists, legalizing the market would not be detrimental to brick-and-mortar establishments.Â
The French government is aware that online casinos operating in France have already grown significantly in size. Last December, the European Gaming and Betting Association (EGBA) asked France to consider legalizing online casinos. The association cited a study conducted by the French Gaming Authority, lâAutoritĂ© Nationale des Jeux (ANJ), which found that the online market already generates annual gross gaming revenue (GGR) of up to 1.5 billion euros. France now hopes that it can generate income from the sector by taxing gross revenues at 55.6%.
According to the ANJ, there was an increase in the sports betting handle in the first half of 2024. In H1, bettors wagered a total of âŹ5.2 billion ($5.64 billion) a 24% increase compared to the first half of last year. In addition, GGR climbed 16% to âŹ871 million ($944.34 million).
Latest News
EGT Digitalâs games are live on the top Italian betting sites Lottomatica and Goldbet
EGT Digital keeps on achieving milestones in Italy. Thanks to the partnership with the popular aggregator Microgame the Bulgarian providerâs slot games from the jackpot bestsellers Clover Chance and High Cash are already at the disposal of the clients of Lottomatica and Goldbet. Both websites are part of the market-leading Lottomatica Group.
Zornitsa Boncheva, Regional manager for Italy at EGT, commented: “The collaboration with Lottomatica Group in the online sector is a logical continuation of our fruitful collaboration with them in the land-based and VLT niches and is a great success for us. Our casino content is now available to visitors to some of the most prominent gaming platforms in Italy and I am happy to say that since their debut our titles, especially 10 Shining Diamond, have made a deep impression on players who highly appreciated their attractive design, many bonuses and high chances to win. I believe that this cooperation will give a big boost to our market entry in the near future.â
Asia
Revenant Esports and Team XSpark Join Forces to Form Revenant XSpark, ScoutOP Revealed as Brand Ambassador
Revenant Esports and Team XSpark, two titans of Indian esports, have announced a strategic merger to create Revenant XSpark. This new super organization is set to redefine the esports landscape, combining the resources, expertise, and dedicated fan followings of both organizations.
United under the Revenant XSpark banner, the collaboration aims to compete in multiple popular esports titles, establish original community IPs, deliver engaging fan activations, drive innovative brand partnerships, and expand internationally.
As part of this joint venture, Revenant XSpark has introduced its BGMI lineup, featuring the lineup of Sarang, Spraygod, Shadow, and Joker, with Osmium serving as the teamâs coach. These players recently captured back-to-back victories at the BGMI Pro Series and BGMI India Series, making them the only team in the history of the game to win two official BGMI LAN events.
In addition to its BGMI team, Revenant XSpark has been chosen as one of only 10 partnered organizations by The Pokémon Company to compete in the newly launched Pokémon UNITE ACL India League 2025. Fans can look forward to an exciting roster announcement soon.
ScoutOP Joins as Brand Ambassador, Expanding Revenant XSparkâs Reach
Tanmay âScoutOPâ Singh, a legend in the Indian gaming community with over 10 million followers on social media, has officially joined Revenant XSpark as its brand ambassador.
Scout was the mastermind behind the Team XSpark roster, mentoring and nurturing them to their historical back to back victories in BGMI esports. Now, as the ambassador for Revenant XSpark, Scout will bring his vast following, which not only covers India but also extends internationally, to the united brand.
Commenting on the partnership, Tanmay âScoutOPâ Singh, brand ambassador of Revenant XSpark said, âIâve known Rohit for a while, and Iâve always been a fan of Revenantâs unique approach to contentâitâs witty, filled with banter, but still subtle. Itâs exactly the kind of vibe I wanted to bring to XSpark. Beyond that, our shared vision for expanding esports with multiple rosters across India and internationally made this partnership a perfect fit. Joining forces to take the Revenant XSpark name global was a no-brainer for me.â
Rohit Jagasia, Founder and CEO of Revenant Esports, commented, âScout and I have a strong personal connection, and our brands, Revenant and XSpark, naturally share a similar fan base and values. This partnership feels like an organic next step. Scoutâs holistic approach to content, spanning gaming and entertainment across multiple platforms, makes him the perfect ambassador for our brand as we aim to establish Revenant XSpark as Indiaâs leading esports organization and expand our footprint globally.â
To celebrate this partnership, Revenant XSpark, including the BGMI team and ScoutOP, will host an exclusive meet-and-greet event in Mumbai in November, giving fans a chance to interact with their favorite players and ScoutOP himself. Stay tuned to Revenant XSparkâs social media handles for more information.
Revenant XSpark will also be working to build esports IPs. Recently, Revenant Esports also partnered with IPL team, Gujarat Titans, to bring BGMI Titans, an open-for-all esports tournament.
Additionally, Revenant Esports has a strong history within the Indian esports scene, having won the VALORANT Challengers 2024: South Asia – Split 2, to be the lone Indian team in the VCT Pacific Ascension. Furthermore, it is the only esports organization to represent India internationally in the Pokemon UNITE World Championship and the Brawl Stars World Finals.
Latest News
Livespins now available through Evolutionâs One Stop Shop
Livespins, the live streaming game provider that sits within the casino lobby, is now available to operators via Evolution One Stop Shop platform.
The integration comes after Livespins was acquired by Evolution back in February this year. One Stop Shop allows online casino operators to seamlessly and rapidly incorporate games from its RNG brands, including NetEnt, Red Tiger, Big Time Gaming, and Nolimit City.
The One Stop Shop offering now includes Livespins, which has revolutionised the online casino sector since making its debut in 2021.
Livespins sits within the casino lobby and allows operators to tap into the high demand for slot streaming and social interaction. Players not only get to watch streamers fire up the reels on blockbuster slots from the biggest studios, but they can also bet with the streamers.
This creates a group bet and a shared player experience but with each player able to select their own bet and number of spins. Players can also chat with each other and the streamer throughout, as well as drop reactions, emojis and gifs.
By integrating into Evolutionâs One Stop Shop platform, Livespins has significantly increased its reach among top-tier operators in markets across the world.
Michael Pedersen, Chief Commercial Officer at Livespins, said: âThis is one of the biggest upsides we have been able to take advantage of following our acquisition by Evolution earlier in the year. One Stop Shop is a cutting-edge solution that allows operators to easily access Evolutionâs market-leading content offering, now including Livespins.
âWe are thrilled to be lining up alongside the likes of NetEnt, Red Tiger, Big Time Gaming, and Nolimit City with Livespins set to become a household name among players as they become more familiar with the socially charged experiences our product provides.â
Todd Haushalter, Chief Product Officer at Evolution, added: âWe are delighted to have added Livespins to our One Stop Shop platform.
âOperators know that players are seeking social experiences, and Livespins offers this in a unique way with players able to get directly involved by betting with the streamer. Those connected to our One Stop Shop platform can now easily integrate Livespins into their offering.â
-
Conferences in Europe7 days ago
SiGMA Europe Summit Alert
-
eSports7 days ago
Oddin.gg Launches BetBuilder: The First Industry Tool for eSimulators, with Unlimited Betting Options Across Both Esports & eSims
-
Latest News6 days ago
Week 43/2024 slot games releases
-
Latest News7 days ago
PA Betting Services announce long-term deal with LiveScore Group
-
Latest News7 days ago
Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game
-
Conferences in Europe6 days ago
Soft2Bet celebrates a year of growth and innovation at SiGMA Malta Europe 2024
-
Compliance Updates6 days ago
MGA and UKGC strengthen regulatory ties through MoU
-
Latest News6 days ago
Gentoo Media – Trading update for Q3-2024b