France has been one of those countries that has been moving on par with what’s latest in the world gambling legislation. The country has recently set off to begin accepting gambling as one form of entertainment by allowing the regulation of online casino operations within the country. Other countries have already established the regulations of online casinos and the government of France has decided to follow suit.
During the earlier part of 2010, the Regulatory Authority of Online Games has given the appropriate license and permit to operate to one of the world’s largest gaming firms for online casinos. Titan Poker, a well respected online casino operator, has availed the right to the license after the regulation was approved. Since Europe is the hotspot for some online games, France has been capricious over the amount of revenue it will gain through its taxes. The changes happening inside France regarding the regulation has been due to the mounting pressure it was getting from the World Trade Organization. France has decided to fulfill the terms set by the European Union trade agreement which has been opposed by both the US and Portugal. Acquiring the biggest share of the market in the whole gambling world was one of the factors that influenced France’s decision. Upon the commencement of the regulation, offshore operators have been swarming to gain the license to operate.
Meanwhile, US legislators are trying to study their options regarding the possible transformation they can do to modify online casino gaming laws. Senator Harry Reid has been leading the cause and one of the grounds for the operation of these internet games is that they will be permitted and given license after they have an existing casino functioning for five years.