Pay TV operator Canal Plus and Ladbrokes are pulling out of the online gaming market in France and dissolving the joint venture they formed earlier this year, according to local reports.
Gary McIlraith, director of digital, international and strategy at Ladbrokes, said that the pair had concluded that the French market for online gaming was too highly taxed to make the venture worthwhile.
Canal Plus and Ladbrokes formed their joint venture in April and obtained a gaming licence in July. Canal Plus has also suspended its partnership with PartyGaming to launch an online poker site, according to reports.Â
Shorts lands on Rakuten TV digitaltveurope.com/2021/10/18/sho… https://t.co/Q4Q9fBuL8D
18 October 2021 @ 13:58:00 UTC
IATSE agrees last-minute deal to avoid Hollywood production strike digitaltveurope.com/2021/10/18/hol… https://t.co/sIZIJGGa1O
18 October 2021 @ 12:32:27 UTC
Infront offers to fill Serie A media rights value gap digitaltveurope.com/2021/10/18/inf… https://t.co/yuQhMRavPe
18 October 2021 @ 12:04:18 UTC