France sees surge in sports betting with 24% rise in H1 wagers despite disappointing Euro tournament

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France witnessed a substantial surge in bets and gross gaming revenue in the first half of the year. The online betting market continues its upward trajectory, with the number of active player accounts increasing notably in June. This growth is primarily fueled by the excitement surrounding the Euro 2024 tournament.

ANJ’s betting forecast falls short amid euros

Despite notable overall growth, betting on the Euros lagged behind ANJ’s expectations. The French national team’s underperformance was a key factor, coupled with the distraction of the concurrent general election.

The National Gaming Authority (ANJ) has initiated a new campaign aimed at raising awareness about the risks associated with excessive betting during the Euros. The campaign also emphasizes the importance of moderation in gambling marketing surrounding the tournament.

Campaign highlights

  • Raising awareness on excessive betting risks;
  • Promoting moderation in gambling marketing;

Key statistics

Year Betting Incidents Campaign Impact
2021 1500 High
2020 1400 Moderate

ANJ predicts surge in betting with Paris Olympics

The Paris Olympics are expected to drive a significant increase in betting activity, according to ANJ. A notable percentage of French citizens are planning to place bets on the event.

AFJEL alerts on rising illegal betting in France

AFJEL has raised concerns over the escalating illegal betting market in France. Recent data shows more players are opting for unregulated sites over official platforms, jeopardizing regulated market stability and player safety.

France thrives as a sports betting hub amid challenges

Despite challenges and illegal betting threats, France remains a vibrant market for sports betting. With a strong emphasis on responsible gambling and robust anti-manipulation measures, the country is committed to maintaining integrity in the sports betting industry.

Key focus areas

  • Responsible Gambling;
  • Anti-Manipulation Efforts;
  • Market Growth;

France continues to prioritize the safety and fairness of its sports betting environment, ensuring a reliable experience for all participants.

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Landry Jackson is an esteemed writer with a deep passion for gambling and online gaming. With over a decade of experience, Landry has become a trusted voice in the industry, providing insightful and thoroughly researched content on casinos, sports betting, poker, and the latest developments in online gambling. Known for his clear, engaging writing style, Landry excels at breaking down complex topics into accessible and enjoyable reads for audiences of all skill levels. His articles offer in-depth reviews, strategic advice, and the most current industry trends, equipping readers with the knowledge they need to make informed decisions and elevate their gaming experiences.
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