Published
OnlineFinancialSports Betting

French online gaming revenue for Q3 grows 17%

The online gambling market in France has reported a 17% increase in revenue for the third quarter of 2020.

shutterstock_1045681516

Revenue for the three months to 30 September climbed to €405m (£361.5m), which also represented a 25% increase from Q2.

The figures, released by the country’s gambling regulator L’Autorité nationale des jeux (ANJ), also included a 29% rise in the number of active player accounts.

Online sports betting saw a 6% increase in revenue to €228m, with football representing the majority of that total, despite the country’s domestic football leagues being cancelled in April.

Poker turnover stood at €90m, a 36% increase from the same period in 2019. Horse racing betting, meanwhile, represented €87m of total revenue, a 32% year-on-year increase.

ANJ described the results as a "spectacular recovery," but chairwoman Isabelle Falque-Pierrotin has warned that licensees must improve their player protection measures during the country's most recent lockdown, which is expected to last until at least 1 December.

“This online gambling market recovery must be accompanied by greater accountability from operators,” said Falque-Pierrotin. 

“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.”

Amounts wagered in sports betting rose 49% to €1.62bn, with football alone accounting for €1.03bn, including the €31m wagered on the 2019/20 Champions League final between Paris Saint-Germain and Bayern Munich.

Tennis followed with €229m wagered, while basketball represented €154m of the total.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium Connections
Consultancy
Executive Profiles
Live! Casino & Hotel Maryland
Mohegan
Mohegan Inspire
DraftKings
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...