French Senators have voted in favor of the government’s “comportmental tax raises” targeting soft drinks, tobacco and gambling.
The tax hikes on gambling had been rejected by MPs but the Senators approved the measures [Thursday]. Lottery GGR set to be taxed at 10%, all retail sports bets at 10% from 7% and online bets at 15% from 10.5% currently.
A tax increase across all gambling disciplines was proposed in October by the Budget 2025 of Prime Minster Michel Barnier with plans to raise €500m from French operators.
Opening this week’s annual conference of the country’s igaming trade body AFJEL, Nicolas Béraud, CEO of Betlic and AFJEL President, said higher taxes will make it even more difficult for operators to generate profits and put at risk many sports federations, leagues and grassroots organisations.
