Decree on the methods of liquidation and recovery of unclaimed gambling assets which are owed to the State by operators of online gambling or betting licensed by the National Gambling Authority and by La Française des Jeux in the context of lottery Games and sports betting through a physical distribution network and Pari Mutuel Urbain in the context of horse-racing betting through a physical distribution network
The draft decree amends Decree 2018-1076 of 8 December 2018 on procedures for the liquidation and recovery of unclaimed gambling assets owed to the State by Française des Jeux from online lotteries and by online gambling or betting operators approved by the online gambling regulatory authority.
The draft decree applies Article 17 of Law No 2010-476 of 12 May 2010 on the opening-up to competition and regulation of the online gambling sector, amended by the order mentioned in Article 137 of Law No 2019-486 of 22 May 2019, which provides that online gambling operators and La Française des Jeux in the context of the online lottery are required, after a player’s account has been closed for six years, to pay the State any sums that have been held in reserve and could not be repaid to the player. The draft decree extends this obligation to La Française in respect of the entire range of exclusive rights granted to it. It also extends this obligation to unclaimed assets on the accounts of players making horse-racing bets through the Pari Mutuel Urbain (PMU) physical distribution network.
The draft decree incorporates the capping of capped fees pursuant to Article 137(V) of Law No 2019-486 of 22 May 2019 on business growth and transformation.