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According to data from the regulatory authority of France L’Autorité Nationale des Jeux (ANJ) the online sports betting sector in the country made a record turnover of €617 million. That was recorded after the 2021 French Open and the UEFA Euro 2020 Championships.
Gambling on the Rise Despite Strict Regulations
This level of turnover represents the ‘highest level of activity' recorded since the ‘opening of the French marketplace in 2010. “The particularly attractive calendar of the quarter, with in particular the Euro football and the Grand Slam of Roland Garros, had an undeniable impact on the practice and on the recruitment of new players. In fact, bets on these competitions represented 22% of the quarter’s activity”, ANJ’s report mentioned.
Moreover, French sportsbooks registered a combined turnover of €420 million, up 12% on previous quarter comparatives. The ANJ noted that sports betting turnover had nearly doubled since 2019.
“The Euros boosted the segment of sports betting whose turnover reached another record this quarter. This growth testifies to the fact that the French model, although very supervised, is not a brake. Finally, under the leadership of the ANJ and in collaboration with other administrative or judicial institutions, the toxic offers of tipsters have been severely hampered in recent months“, said ANJ’s President Isabelle Falque-Pierrotin.
