Generally speaking, monopolies are bad when it comes to online gambling. After all, if a certain company has all the power and no competitors, they don’t really have any incentives to make their online casino more appealing or offer better prizes. Although the European Union is trying to avoid online gambling monopolies within its region, some countries refuse to do. In France, for example, state-owned gambling monopolies are in control and they do everything possible in order to avoid competition. Only 10 days ago the French police decided to arrest Petter Nylander, the chief executive of the online betting company Unibet, after receiving complaints from those monopolies. Now, after being released on bail, Nylander has a lot to say about the situation
“We need to stop this harassment of companies and we need to create a modern form of a gambling industry” said Nylander from his residence in London. Being one of the biggest online casino companies worldwide, Unibet has certainly suffered from the latest events, but if the situation continues as it is, several other companies will surely follow
It is a known fact that this is not the first time that the French are trying to frighten or destroy any competition that might be hurting their gambling monopolies, such as “Francaise des Jeux” and PMU. Unfortunately, the European Commission has decided not to intervene so far, although it has criticized those moves several times. Hopefully, something will change this time, stopping this bullish attitude and making the online casino industry a far better place to be at