The Limited Times

Now you can see non-English news...

2022, a record year for gambling in France

2023-05-25T20:49:45.854Z

Highlights: The turnover of gambling reached in France the record sum of 12.9 billion euros in 2022. This is an increase of 20% over one year, driven by casinos, according to data published Thursday. Online gambling, on the other hand, slowed down with growth of 0.8%, to 2.2 billion euros. However, online sports betting recorded a record level of bets thanks to the World Cup, at 1.4 billion euros (+2.5% compared to 2021) in France.


The turnover of gambling reached in France the record sum of 12.9 billion euros in 2022, an increase of 20% over one year, driven by the...


The turnover of gambling reached in France the record sum of 12.9 billion euros in 2022, an increase of 20% over one year, driven by casinos, according to data published Thursday by the National Gaming Authority (ANJ).

While operators holding exclusive rights (Française des Jeux and PMU) still represent more than half of the activity, with 64% of gross gaming revenue (GVP) with €8.2 billion in 2022 (+8% compared to 2021), casinos have experienced a 130% growth in turnover. This "is largely explained by the total reopening of casinos after two years of reduced activity due to the pandemic," explains the National Gaming Authority (ANJ), while the sector has returned to its pre-crisis level, with 2.5 billion euros last year, against 2.4 in 2019.

Online gambling, on the other hand, slowed down with growth of 0.8%, to 2.2 billion euros, "after experiencing strong growth between 2017 and 2021 with an average annual growth rate of the PBJ of 18%", recalls the ANJ. However, online sports betting recorded a record level of bets thanks to the World Cup, at 1.4 billion euros (+2.5% compared to 2021).

Source: lefigaro

All business articles on 2023-05-25

You may like

News/Politics 2024-03-06T13:06:15.501Z
News/Politics 2024-04-05T06:37:13.900Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.