France, Italy, and Norway Pass Online Gambling Legislation
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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.