French Online Poker Declined In 2012Poker Decline Sees A Number Of Operators Give Up On French Market |
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French online gaming regulator ARJEL is learning the hard way that you cannot squeeze poker players and operators too much or you will kill the goose that laid the golden egg.
In 2012 the poker market contracted despite poker tournament activity rising 21 percent. Cash game ‘bets’ fell five percent resulting in an overall decline.
This was evidenced by the number of online poker operators falling from 23 to 16 as they accepted there wasn’t enough money to be made and cut their losses.
ARJEL noted that the question of the attractiveness of the offer must be monitored and that it was a matter of concern.
The regulator said, [translated], “ARJEL advocates the opening of legal offers, new poker variants and pooling cash poker tables to allow French players to play with foreign players if they play on sites regulated by European authorities with which agreements have been previously passed by the ARJEL and implementing regulatory standards at least equivalent.”
The problem was first highlighted formally in 2011 by two French MPs who produced a report suggesting taxes were too high and liquidity too low.
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