France’s online gambling industry has started to bounce back since the unwelcome changes in 2020, with the country’s L’autorité nationale des Jeux gambling regulator lauding a “spectacular recovery” in all gaming segments.
The ANJ reports that “the market even recovered to a level significantly higher than before the health crisis,” with sales rising by 17 percent from the third quarter of 2019. Active player accounts have jumped by 29 percent.
The French online market reported a 25 percent rise from Q2 following a second quarter marred by a number of sporting postponements and cancellations.
Documenting its results for the first three quarters of the year the French online gambling market’s turnover rose 11percent year-on-year to EUR 1.2 billion.
After outlining a skyrocketing online poker ecosystem earlier in the year, “another very significant increase” was announced during Q3 via a revenue increase of 36 percent to EUR 90 million. This is a decrease from the EUR 142m registered in Q2.
Praised as continuing to display “very strong momentum,” participation numbers rose by 37 percent during the quarter as the average per-player spending stayed at EUR 102.
Looking at the online sports betting environment of the world, the sums wagered increased by 49 percent to cross EUR 1.6 billion. This stake volume corresponds to the maximum quantity reported for 10 years in a quarter.
The division, which once again became the dominant operation in the online gambling industry, reported revenue of EUR 228 million as average spending per player dropped by 22 percent to EUR104 million.
The subject of the bettor’s operation was football, accounting for 64 percent of the total with wagered sums exceeding EUR 1 billion. Following the 2018 FIFA World Cup final between France and Croatia, the Champions League final between Paris Saint-Germain and Bayern Munich saw more than EUR 31m wagered, becoming the second largest single game.
A strong quarter also enjoyed the nation’s horse racing scene, with customers staking EUR 363 million, contributing to the highest amount of stakes reported during a quarter in the segment.
Nevertheless, Isabelle Falque-Pierrotin, ANJ Chairperson, warned of the expectation that player security measures will be increased by operators: “This online gambling market recovery must be accompanied by greater accountability from operators.
“Indeed, unlike the first lockdown, the sports and horse betting gambling offer is widely available and this situation can constitute a breeding ground for the development of excessive or risky practices for people weakened by this unprecedented context.”