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PMU handed €900,000 penalty after failing to separate online and offline liquidity

14th April 2020 10:52 am GMT

French betting and gaming operator PMU has been hit with a €900,000 penalty by France's Competition Authority for failing to separate its retail and online horse race betting liquidity.

The competition authority had ordered PMU to split its online and offline horse racing liquidity in February 2014 after finding that operator's retail monopoly gave it an unfair advantage online.

Following a recent investigation, the authority noted that PMU still has not separated its retail and online liquidity [...]

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