News

French bets ruling could be windfall for sport

16 June 2008


FRANCE -- As reported by The Guardian: "A French high court ruling has paved the way for sports governing bodies to charge betting companies for permission to offer markets on their tournaments.

"The decision, made last week, could help sport tap a commercial stream as significant as the multi-million pound broadcast-rights market. As a result of the ruling all internet bookmakers offering bets in France on sports events will be forced to pay a premium to the event's organiser..."