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ANJ Reported about Positive Tendency in French Betting Industry

26 November 2020, 14:05
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The French digital gaming regulator, L'Autorité Nationale des Jeux (ANJ), surprised with highly positive numbers in the bootmakers' third-quarter balance sheets. The significant growth compared to the Q2 led to even a year-over-year (YoY) increase. Login Casino follows the latest news in bookmaking and informs readers about the sector's most interesting changes and trends.

ANJ Reported about Positive Tendency in French Betting Industry

The French National Gaming Authority (ANJ) presented several positive changes in the gambling, and especially the bookmaking industry in 2020 Q3. While the increase compared to Q2 seems logical due to more citizens' freedom, the growth in YoY is an incredible achievement.

Starting from the typical numbers, the recent number of active accounts in the gaming sector increased to 2.7 million, which is almost a 30% growth. The gambling industry's total revenue has increased by more than 25% compared to Q2 2020, while the YoY run-up is also crucial – 17%. ANJ reported about the €405 million revenue.

If to focus on the turnover and betting sector only, the third quarter has brought €1.6B, which means almost a 50% increase compared to the similar period last year. It is also the best result for the single quarter over the past decade. Focusing on the gross gaming revenue collected by bookmakers, figures are still crucial as almost €230M are gathered.

The distribution by particular sports

The lion's share in the profitable sports betting market belongs to football wagering. It has brought about 60% of the overall revenue or approximately €1B. The most attractive event was the UEFA Champions League final between Bayern and local Paris Saint-Germain clubs. Punters betted more than €30M and almost overpassed the World Cup 2018 final match between France and Croatia.

Among the other sports events to note are tennis and basketball. The total turnover in tennis was almost €300 million, while basketball brought almost twice less – €154M.

As horse racing is a bit of a separate industry in France, betting on it is usually counted distinctly. According to the reports, the Q3 was also successful for it with a total turnover of more than €360 million.

Read moreWhat is gross gaming revenue in gambling, and how to calculate it?

Read moreIs it profitable to bet on horse racing online?

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