“Online Gambling Threatens
French Monopoly”
When the going gets tough the tough
get going, and that’s
just what PMU, a French government-sanctioned gambling monopoly
is doing. Distressed by the advent of internet gambling,
they have found and resurrected a law that they hope will
stop foreign internet gambling from encroaching upon their
territory.
PMU, which stands for Pari Mutuel Urbain, a government-sanctioned
gambling monopoly, has dug up a 100-year-old law, written
in 1891, in its efforts to prohibit foreign internet gambling
from invading and taking over its territory. The law was
originally intended to serve as a more viable alternative
to an out-and-out prohibition on gambling, and it was this
law itself that actually paved the way for the establishment
of PMU and prevented non-government-sanctioned entities from
taking over or operating gambling casinos! 100 years later,
the issue has returned in the form of internet gambling.
On the other side of the argument
are the companies who say PMU is violating international
trade agreements. Sporting Bet and Stanley International
(based in Britain), Bet and Win (Gibraltar), and Mr. Bookmaker
(Malta) have been targeted by PMU in PMU’s efforts
to ban them, but these companies are not planning to give
in without a fight. They have all vowed to battle the ban
that PMU seeks.
Back to Online Gambling News March 2005 Edition
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