Casino News: Shocking News for Online Casinos based in France

Online casino industry has been trying to explore the gambling potential in Asian & European countries, following the US ban in online gambling. Several online casinos are offering their services in these countries to promote their brand. France is also considered to be a small target amongst other countries in Europe. Recent news left the entire online casino industry astonished, with reports of a probe by French authorities into the leading company 888 with regard to revenue and income from casino gamblers based in France.

French Authorities has invited John Anderson, former chief executive of the online casinos company for an interview session. The online casino market in France is quite limited in comparison to other European countries, but the news has really shocked the stock value of 888 leading to shares dropping by 7.1 percent at the London Stock Exchange. Leading online casino company, Ladbrokes’s shares were also dropped by 4.4 percent. This company was supposed to make a possible bid for 888.