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The French Back Off

By George Oates, Oct 15th 2007
France is getting ready to bow to Brussels pressure and consent to a limited liberalization of its state-run betting domination.

As a sign that the French are stepping away from the online gambling battle with the European Commission, Paris declared that they are disposed to legalize horse racing internet gambling and football internet gambling.

This move is an extremely happy result for online gambling companies such as Sportingbet, the London-listed online bookmaker, assuring them a toehold in the €25 billion (£17.4 billion) annual French gambling market.

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