French online gaming generates record €1.74bn revenue in 2020

French online gaming operators generated revenues of €1.74bn ($2.08bn) for 2020, with a strong second half making up for early-year disruptions.

mobilebetting

L’Autorité nationale des Jeux (ANJ) hailed a transformational year, which saw sports betting revenue grow by 6.8% to €940m.

Despite the shutdown of almost all live events in the first half of the year, stakes grew by 5.8% to €5.35bn, and active player accounts increased by 30% when compared to the full year ended December 31 2019.

“In many ways, 2020 is an extraordinary year and a turning point for the online gaming industry; it is both a year of change and a record year in terms of activity levels,” ANJ said.

The French regulator took over from ARJEL part way through the year, as a means to bring gambling regulation under a single body.

“Over the whole of 2020, the online market shows very vigorous growth," ANJ added. "The turnover of the sector grew by 22% in 2020 to reach €1.7bn: its highest level in a calendar year since the opening of the sector.”

Early year issues were allayed by strong performances in H2. In the fourth quarter alone, sports betting revenue was up on 2019 by 54.8%, reaching €356m.

Poker also reported strong gains in the year. In the twelve months for December 31 2020, revenue increased 64% year-on-year to €446m, with account numbers increasing by 53.1% to 1.8 million.

 

Premium+ Connections
Premium

PIN-UP Partners

 
Premium

Digitain

 
Premium

Revsharks

 
Premium

GammaStack

 
Premium

RISK

 
Premium

Imagine Live

 
Premium

Galaxsys

 
 
Premium

1xBet Partners

 
Premium

Lynon

 
Premium

Sport Generate

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...