French online poker legislation causes Cake Poker to pull out of

Posted by Steve Ruddock on Apr 09, 2010 Posted in Poker Industry News | No Comments »

The good news is French poker players now have a legalized and regulated online poker market due to recent legislation passed by the French legislature; the bad news is that they have lost access to the entire Cake Poker Network, and will likely lose many other online poker sites in the near future.

In response to an inquiry by CompatiblePoker.com, the Cake Poker customer support team had this to say:

“Due to new French legislation, players in France will not be able to play for real money from April 9th. Players will of course be able to access the Cashier after April 9th so that they can withdraw their funds. We are looking into obtaining the relevant licenses to adhere to the new legislation as a matter of priority and once the circumstances change, we will be in contact to let all players concerned know. We do hope to welcome French players back to our software soon. I apologize for the inconvenience caused.”

So, while French players now know where they stand on legal grounds, and will hopefully have a safer, better regulated, market to play poker online, it will take some time for different sites to apply for, and receive, licenses to operate in the country. Additionally, it’s likely many smaller sites and networks will simply pass on obtaining a French license due to costs.

Tags: , ,



Leave a Reply

High Stakes News

Promotional News

Latest Ignition Poker tournaments
The good thing about Ignition poker tournaments is that you have the c …
Read more

Poker Night In America Debuts New Live Poker Show Featuring Celebrities
Poker Night in America is introducing a new poker show format on CBS, …
Read more

PokerStars Celebrates French-Spanish Shared Liquidity With FRESH Tournament
French and Spanish online poker players are now able to share liquidit …
Read more

PokerStars Rebrands Turbo Championship Of Online Poker (TCOOP) Into 2018 Turbo Series
PokerStars, the biggest online poker website in the world has hosted i …
Read more