Eurosportbet.com to be sold?

The French business media are reporting the possible sale of online sportsbetting company Eurosportbet.com by cable television parent group TF1.
The reports appear to originate from comments made by TF1 chief executive Nonce Paolini who said in a statement that the Eurosportbet results had not come up to expectations.
“Eurosportbet results are not ridiculous, mostly regarding poker, but the business is not satisfactory enough,” Paolini remarked. “If a takeover bid comes up, we will study it.”
Media reports suggest that Eurosportbet’s results may have been impacted by France’s high level of taxation and what the company characterises as “unfavourable rules”.
TF1 SPS Betting, which controls the activities of Eurosportbet.fr and Eurosportpoker.fr holds three licenses for sport betting, online horse racing and poker.

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