Sports Betting in the Gambling Industry
According to the annual report of the National Gaming Authority, new players and digitalization backed by the Covid19 crisis have increased sales in this sector by twenty-two percent, 22% over the past year.
The restrictions imposed on French people during the health crisis and numerous restrictions have made gambling, sports betting and cash game operators happy on the Internet. This is the conclusion of the National Gaming Authority (ANJ) in its first annual report, published Thursday, March 18, 2020, that is an exceptional year in many respects, changing practices and levels of activity. In that respect, the turning points of the sector are: Determine supervision authority.
Growth of Online Poker and Sports Betting
This replaced the online gambling regulator (Arjel) with extended tasks and scopes (Française des Jou [FDJ], PMU, private sector) in 2020, leaving only the casino under the control of the Ministry of Interior. Since the liberalization of the industry in 2010, poker offerings online such as in situs slot terpercaya and many more, as well as sports and horse racing, have continued to grow, with increasing demand.
Gambling during the Pandemic
The Covid19 pandemic accelerated the digitization of gambling practices and recorded a historic performance that boomed in the fourth quarter of 2020. Total gaming revenue, which is stakes minus prizes, was € 578 million, an increase of fifty-three percent, 53. %.
Compared to the same period in 2019. For the full year, the total revenue of fourteen – 14 competing operators increased by twenty-two percent, 22% to € 1.74 billion. This is the highest level since the sector was liberalized in 2010. It increased from 4,174 million to 48.91 million.
Of all the games and bets in France over € 50 billion, stakes reached € 5.3 billion. However, the contributions of the various segments were due to a mere seven percent, 7% increase in revenue (thirty percent – 30% increase in players), especially due to the closure of the sports arena and even the cancellation of competitions during the blockade from March 2020 to May 2020 is different.
In comparison to the double-digit profit of the previous year. Horse betting and poker, on the other hand, set record values with total revenues of € 354 million (thirty-one percent,+ 31%) and € 446 million (sixty-four percent, + 64%), respectively.