Gambling Regulator Autorite Nationale des Jeux released its financial report for the first six months of 2023. It showed French non-casino gambling revenues increased by four percent year-over-year.
Most of the market’s GGR comes from the state-run lotteries and horse racing betting operations. They are La Française Des Jeux (FDJ) and Pari Mutuel Urbain (PMU), respectively.
According to sportsbook pay per head reports, the first six months of the year had a 2% increase in GGR for FDJ alone, at €3.3 billion ($3.4 billion), compared to the first six months of 2022.
French Non-Casino Gambling Revenues
Over €2.3 billion ($2.4 billion) in wagers were taken by the state-owned operator FDJ during the reporting period. Most of the wagers came from sports betting activity. Meanwhile, lottery revenue reached €8.2 billion ($8.6 billion). It was an increase of 2% over the previous year. According to gambling news reports, the operator saw an increase in online activity and income after FDJ launched its poker product in the second half of 2022.
However, GGR at PMU was €873 million ($920.2 million) during the half. It was a 1% from the first half of 2022.
The online gaming sector generated over €1.175 billion ($1.24 billion) in GGR in the first half of 2023. It was up 10% over the same period in 2022. Online GGR reached €1.2 billion ($1.26 billion) in the first half of 2021 due to factors like the postponed Euro 2020 competition and the closure of horse tracks. Sixty-four percent of the income came from sports betting. On the other hand, 21 percent came from online poker. Lastly, 5 percent came from online horse racing wagering.
Online users across all industries are up by 3 percent throughout the period, totaling about 3.9 million.
Sportsbooks took in €4.2 billion ($4.4 billion) in wagers during the first half of 2023, a 5% increase over the $3.9 billion ($4.1 billion) bet during the same period in 2022. The gross gaming revenue for online sportsbooks was €750 million ($790.4 million), an increase of 10% over the same time in 2022. It is based on reports from online payment providers for bookies.
A rise of 12% in the number of active client accounts brings the total to 3,171,000, which undoubtedly contributes to the flurry of recent activity. The study claims that the early 2023 numbers reflect the enhanced incentives offered by operators in the wake of the FIFA World Cup in December 2022.
Start a bookie business with DiscountPayPerHead.com today!
