The President of French regulator ARJEL is leaving his post in January to take up a job in the private sector. As a champion of lower gaming taxes and shared liquidity his resignation throws uncertainty into the direction the regulator will take. 333yd
After three years in the position President Jean-François Vilotte had recognized that gone to the wall.
Villotte agitated for change, to bring the taxation into line with other jurisdictions. He argued that lower rates would ultimately mean more revenues for the state not less.
He also recognized that poker segregated from other markets reduced player liquidity to a level that was damaging to the industry and, combined with the taxes, produced a strong incentive for unlicensed operators.
Get the full story 4n1z2k
This is an abridged version of an article previously published on pokerfuse PRO.
Already a subscriber?
» Sign in to read the full story.
Not a subscriber yet?
» Find out more and start your subscription today to get instant access.