Mutual betting on past horse races allowed and a levy on its proceeds created
Article 103 of the 2025 Finance Act allows mutual betting on French horse races already run and creates a levy on the gross gaming revenue of these bets, payable by the PMU, racing companies and licensed online horse betting operators.
Measure originators
No official estimate found for this measure.
Measure impact
Up to 15% of the proceeds, capped at €12,329,015, goes to municipalities and inter-municipal bodies hosting racecourses. The levy rate was not found in the text checked. Applies from 1 March 2025.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
Debate and vote
National Assembly has the final say
Si échec CMP
Joint committee
Désaccord éventuel
Debate and vote
Council of Ministers
Validation interne