France, Italy, and Norway Pass Online Gambling Legislation
On June 11, online players have the opportunity to play at online casinos. Legislation was passed allowing online sports betting, horse racing, and poker. Online casinos would be able to secure a betting permit and will be regulated and taxed 7.5% on sports bets and 2% on poker.
Italy joined in the fray by passed the Comunitaria Law allowing for online casino gambling, thus opening the way for billions of dollars of much needed revenue.
A bill that makes it illegal for Norway-based financial institutions to accept payment transactions from/to online casinos not licensed in Norway became law.