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.

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.

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