Sports betting fuels France s record 617m Q2 2021 online gambling revenue
France’s iGaming sector has posted a record €617m ($716m) turnover for Q2 2021, driven primarily by sports betting
France’s iGaming sector has posted a enter €617m ($716m) turnover for Q2 2021, driven primarily past sports betting.
According to the country’s gaming regulator, L’Autorité nationale des jeux (ANJ), sports betting brought inwards €420m for the secondly quarter, totalling 68% of online play revenue to recover its role for a 2d time this yr as the top side vertical.
The loudness of sports betting stakes lordotic infra Q1’s record-setting €2.2bn summation to €2.15bn, with the 2020 UEFA European Football Championship and the Gallic Open having an undeniable impact on player’s behaviour during both periods.
In fact, bets on these competitions represented 22% of Q2’s activity, with €434m worth of online transactions taking place during the Euros alone.
“The Gallic are e'er more potential to wager online and, rather logically, the Euros boosted the section of sports betting whose turnover reached another put down this quarter,” said Isabelle Falque-Pierrotin, President of the ANJ.
Revenue from Equus caballus racing is seeing a payoff to pre-pandemic levels, bringing in €95m, upwardly past 11% year-on-year (YOY), with €400m inwards betting stakes, however, online salamander has seen a slight magnetic inclination inward YOY turnover due to an vivid full point of activity during the nation’s lockdowns and confinements, according to the ANJ.
Q2 revenue for online salamander amounted to €103m, compared to €142m for the same clip inward 2020 for a step-down of 27%.
“This ontogeny testifies to the fact that the Gallic model, although really supervised, is non a brake,” added Falque-Pierrotin.
“However, it makes us inquire ourselves well-nigh the societal issues that these new uses present. This is particularly the typesetter's case with advertising, a subject on which the ANJ is currently consulting all stakeholders to advance a rebalancing of operator practices.”