French Regulator Backs Tax Reform To Support 'Fragile' Online Market

French gambling regulator ARJEL has hailed the progress of the country's online gambling sector, but warned that success is “fragile” unless proposed reforms to convert the sports-betting tax base to gross gaming revenue (GGR) are approved.

ARJEL released its review of authorised online gambling on Wednesday, revealing a second consecutive year of growth in all of the country's online offerings, including poker, horseracing and sports betting.

However, the figures were overshadowed by the online market's perceived “fragility”, caused by an influx of bettors during the FIFA World Cup and an underperforming poker player liquidity convention, said ARJEL.

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