Sports betting helps France to 35% online gaming surge in Q1 2021

[The Buzz]

The French online gaming sector posted revenue of €587 million in the first quarter of 2021, marking a 35% increase on the same period last year.

This comes following the news that 2020 saw a 22% increase, which, according to French regulator, ANJ, "confirms the very dynamic growth of the online gambling market." There was also a 19.1% increase in active player accounts to 3.1 million. The number of sports bettors increased by 29%.

Online poker, which recorded the highest turnover increase in 2020, "continues to grow at a sustained rate but at a lower rate than in previous quarters."

From the ANJ:

Each segment of online gambling opened to competition have seen further strong growth in activity this quarter.

These performances illustrate the acceleration of the digitalisation of gambling practices, which is a consequence of the health crisis and whose structuring character will have to be confirmed over the long term. As such, the levels of growth recorded in the first quarter of 2021, which are measured in relation to the first quarter of 2020, should be viewed with a certain amount of caution since, on the one hand, they are influenced upwards, for the two online betting segments, by the loss of business linked to the suspension of French sports betting and horse racing betting and, on the other hand, they are oriented downwards for the online poker market, due to the peak of business recorded at the same period last year.

The online sports betting segment, which was the most affected by the first period of lockdown, is the one that has seen the most spectacular growth in stakes this quarter. 2.2 billion euros (+79%[1] compared to Q1 2020) were approximatively bet by the players on the competitions of the quarter, which corresponds to the highest amount of stakes recorded in a quarter.

The number of sports bettors in the quarter increased by 29% to almost 2.5 million active player accounts (APA). It is very likely that the growth in activity will continue at a high rate this year due to the two major competitions, the European football championship and the Summer Olympic Games.

Read more here: https://anj.fr/summary-online-gambli...bling-segments

[Cash Bonus]

Interesting results. Our industry needs all the help it can get, particularly in these challenging and painful times where there are more program closures and regulations...

[Sherlock]

You are vtunby, correct?

35% surge of ~0 is still 0. French market is dead. 2B gambling revenue in a country with GDP 3T?

[Casino_Crypto]

25% surge in just a quarter is quite impressive. that's triple digits growth in a year. A lot of potential to say the least!