La Française des Jeux’s CEO, Stéphane Pallez, noted that the potential legalization of online casinos in France wouldn’t automatically result in greater tax income or a decrease in black market activities.
During an extensive discussion with *Les Echos*, Pallez expressed that the regulation of online casinos isn’t a matter of simply saying “yes” or “no”. A comprehensive assessment of both the advantages and disadvantages is essential.
In October, the French government captured trade media attention with a proposal to legalize online casinos as part of the 2025 budget, planning to implement a 55.6% tax rate. However, opposition from land-based casinos prompted officials to reconsider, initiating a consultation process to determine the most viable approach.
Concerns were raised by physical casino operators and over 100 French mayors, who suggested that more than 15,000 jobs could be at risk if igaming became regulated.
Pallez stated, “FDJ does not adopt a definitive stance on online casinos. The decision isn’t simply binary. Just because online casinos are operational in various European nations doesn’t imply that France must follow suit. Prior to any potential approval, a comprehensive impact study is required. The previous government had initiated a consultation for this precise purpose: to assess the possible benefits and drawbacks of legalizing online casinos.”
Since the consultation began, the government led by Prime Minister Michel Barnier has disbanded, along with his tax hike propositions for the gambling industry. Consequently, President Emmanuel Macron appointed François Bayrou as the new prime minister for 2024.
When questioned about the potential for legalized online casinos to undercut the black market, Pallez remarked that such success had not been observed in other European nations. Among EU countries, France and Cyprus stand alone without a legalized online casino sector, though sports betting, horse racing, poker, and lotteries are legal.
Pallez added, “The assumption that legalizing online casinos can quickly address the illegal market issues in France lacks evidence from other countries. The notion that it would substantially increase public revenue is misleading and isn’t a sufficient justification for potential legalization.”
She further explained, “Also, we must remember that France leads Europe in the number of physical casinos, with over 200. Comparisons with other countries aren’t always straightforward. Additionally, online casinos are known to pose greater risks of addiction. Our approach to online casinos is practical; while we are open to discussions, we maintain a cautious stance.”
The article titled [FDJ CEO: French online casino legalisation won’t solve black market problems](https://www.egr.global/intel/news/fdj-ceo-french-online-casino-legalisation-wont-solve-black-market-problems/) originally appeared on [EGR Intel](https://www.egr.global/intel).