Sports betting. Operators alert senators about a new taxation project.

Sports betting. Operators alert senators about a new taxation project.

2024-11-16 13:26:00

Sports betting. Operators alert senators about a new taxation project.
Several players in French sport, notably six professional leagues, as well as sports betting operators, are warning about a taxation project currently under discussion in the Senate. The amendment provides for a Read more here…

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What alternative funding methods have been suggested to support sports in France without imposing heavy taxes?

⁢**Interview with ‌Lara Dupont, Legal Expert ⁢on Sports ⁤Law**

**Editor:** Thank you for joining us today, Lara. We’ve seen ‌recent concerns from⁤ various players in ⁣French sports regarding a taxation project ⁢currently being discussed in the Senate. Can you explain what the proposed amendment entails?

**Lara Dupont:** Absolutely. The amendment proposes a ‌new taxation structure that could significantly impact the revenue streams of ⁣six‍ professional leagues and ‍sports⁤ betting⁤ operators in France. The⁣ intention⁣ behind ⁣this project is to increase public funding for sports, but stakeholders fear it may place an ​unsustainable burden on both leagues and betting companies.

**Editor:** What specific concerns have the professional leagues and​ betting operators raised about⁤ this⁢ project?

**Lara Dupont:** Their primary concern revolves around the ⁤potential financial impact. They argue that increased taxation could lead to lower investment in ⁢sports, ultimately affecting ‍the quality of competitions and participation levels. Additionally, betting ‌operators worry that higher taxes may discourage betting activity, which could further reduce their contributions to sports funding.

**Editor:** Have there been discussions on‌ alternative ⁢ways to fund sports ​in France without imposing heavy taxes on‌ these ‌entities?

**Lara Dupont:** Yes, there have been suggestions ⁣for alternative funding models, such as increasing sponsorships or exploring ⁢revenue-sharing arrangements with⁢ broader corporate partnerships. However, those discussions often face resistance as they require significant shifts in how ⁤sports ⁤organizations operate.

**Editor:** What are ​the next steps for this amendment in the legislative process?

**Lara‍ Dupont:** The amendment is currently ‍under review ‌in the Senate. Stakeholders are actively lobbying for revisions and adjustments. It will likely ‍undergo ⁣multiple discussions and amendments before it is put to⁢ a ​vote, so the​ situation ⁢remains fluid.

**Editor:** Thank⁣ you for your insights, Lara.⁢ It seems that this taxation project is a topic that will continue to unfold in the coming weeks.

**Lara Dupont:** Thank you for having​ me.⁣ It’s a crucial moment for French sports, ​and all eyes‌ will be on the Senate’s ⁢decisions in the near future.

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