Restricted Casinos in French Southern Territories

Gambling business in the French Southern Territories started to develop actively very recently (in 2011), when the state has adopted a number of necessary legislation on the gambling business. Until then, the country had only a few illegal establishments.

After adopting the new laws, one could run gambling business in the French Southern Territories only after the acquisition of the appropriate licenses. After regulating the scope of gambling, this sphere started to actively develop in the French Southern Territories. Nowadays, casinos and gaming houses can boast of the great amount of visitors in the evening and even in the daytime. Show more

The government issues many licenses for this kind of activity. Many famous millionaires and billionaires invest in casino. This country is attractive for the development of gambling business.

Features of gambling business in the French Southern Territories

Despite the fact that the government allowed the foreign operators to introduce the gambling business in the country, the active fight against illegal gambling establishments has continued to this day. This is the main disadvantage of developing gambling business in the French Southern Territories. Today, gambling business industry undergoes the big changes, which should affect the overall economic development of the country. Most recently, the government started an extensive campaign to eliminate the illegal providers of online casino. The establishments of many companies were banned. However, according to the authorities, such measures will allow to achieve the new level in the gambling business. Gambling industry gradually gains popularity in the country.

The nuances of online casino

Today, such country as the French Southern Territories is not very popular among the strangers. The public interest is focused on satisfying the social activity and barely involves gambling business. However, the gambling tries to strictly control the gambling institutions. Gambling industry in the country is only in the beginning of its path. However, the government was interested in solving many problems of development of the gambling establishments.

As the gambling business in the country is at the stage of developments and additions, online casino is available in the French Southern Territories. However, it also has many problems. French Southern Territories Trade Association has denied access for the foreign operators for more than a year. At the same time, the members of organization analyzed the information about the gambling market of the country, and particularly the peninsula.

As until recently the country didn’t have its own law on gambling, the state suffered a lot (and still suffers) from the illegal activity of casino and online casino. The new law allowed the players to easily play online casino even without registration. At that, the operators of gambling establishment pay the necessary taxes to the national treasury. The new gambling legislation allowed fully establishing a single tax base and directly monitoring the transactions between the operators and players.

Today, the main goal of gambling business is a complete neutralization of illegal gambling establishments (both in the country and online). Of course, the country must soon achieve the level of other countries in the gaming industry. Soon the online gambling will be fully accessible in the country. Therefore, foreign operators hope for the open access of their gaming activity to the French Southern Territories. Show less

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