ARJEL repeals Titan's sports betting licence
Operator requests license is revoked after concerns over profitability of launching a sports betting offering
The Nation Traffic has had its sports betting license repealed by ARJEL after the operator announced it will not launch its Titanbet offering.
The company submitted a request to cancel the licence in late December last year after deciding it would not be profitable to launch Titanbet in the market. As a result, ARJEL announced that it had agreed to revoke the licence, which had been awarded in March last year.
Titan is already active in the market with a poker offering “ approved by the French regulator in November 2010 “ on Playtech’s iPoker.fr network alongside Chilipoker and Joao-Online.