University of Bordeaux creates gambling regulation chair

April 11, 2018 3:42 PM
  • CDC Gaming Reports
April 11, 2018 3:42 PM
  • CDC Gaming Reports

Lottery, casinos, scratch games, online poker, sports betting, horse racing: 28 million French are playing games of chance. It is a buoyant business whose turnover tripled over the past twenty years to reach €46 billion in 2016 and which has generated €4.8 billion in tax revenue for the public coffers.

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The Bordeaux University Foundation now aims to tackle the regulation of gambling by teaming up with a number of gaming enterprises: the Regulatory Authority for online games (ARJEL), French Games, PMU, Moroccan games and sports, Betclic, Barrière and the Zeturf group.

The University has pledged €235,000 over three years to support the functioning of the chair, which will be led by three research professors from the University of Bordeaux’s legal division. It will finance symposia, training and the international visibility of the three researchers.

The chair will also address aspects of public health, public order, money laundering and criminal networks, taxation and public finances, competition, jobs and economic development.

Full article: La Tribune (French)