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France’s Illegal Gambling Market Estimated at €1.5bn: ANJ Reveals Startling Findings

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In a startling revelation, France’s gambling regulator, l’Autorité Nationale des Jeux (ANJ), has uncovered that the country’s illegal gambling market could be valued at a staggering €1.5 billion.

This figure, representing more than 10% of France’s total annual wagers, emerges from comprehensive research conducted by PwC. The study highlights a worrying trend where 510 illegal gambling websites are drawing significant traffic, with just 21 sites accounting for 60% of this illicit activity.

Amid these findings, the focus intensifies on the critical role of regulatory bodies in combating illegal gambling. This issue is not just about lost revenue; it’s about protecting vulnerable players, particularly high-risk gamblers, who are the primary contributors to this shadow economy.

As the ANJ ramps up its efforts to tackle this challenge, stay informed and engaged in understanding the implications of illegal gambling and the importance of safe, regulated betting practices.

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The Rising Tide of Illegal Gambling in France

France’s illegal gambling market, as per the latest ANJ study, could be worth up to €1.5 billion annually. This astounding figure accounts for a significant portion of the country’s total gambling activities, which reached a record €12.9 billion in GGR in 2022. The research by PwC identified a vast network of 510 illegal websites, with a few dominating the market.

High-Risk Gamblers at the Forefront

The study further reveals a concerning trend: 79% of the illegal market’s revenue comes from high-risk gamblers. These players are drawn to the unregulated sector due to the lack of wagering limits, identity checks, higher expected winnings, and a more extensive range of games. This segment’s vulnerability underscores the urgent need for effective regulatory measures.

Geographical Origins and Game Preferences

The research found that half of the illegal gambling sites’ operators are registered in Curaçao. Online casino games and slot machines are the primary attractions, constituting about 50% of the illegal online gambling traffic.

ANJ’s Comprehensive Approach to Combat Illegal Gambling

In response to these findings, the ANJ has laid out a multi-faceted action plan. This includes reporting operators, particularly those based in Curaçao and Cyprus, to authorities for legal proceedings. The regulator also aims to warn software publishers and hosting providers associated with illegal sites and take action against payment service providers facilitating transactions for these operators.

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Enhancing Collaboration and Raising Awareness

The ANJ plans to strengthen information exchange and best practices with European counterparts through the GREF. Additionally, there’s a focused effort to raise public awareness about the dangers of illegal gambling.

France’s Record-Breaking Gambling Year

Despite the challenges posed by illegal gambling, France’s legal gambling market saw a record GGR of €12.9 billion in 2022, a 20% increase from the previous year. Online gambling contributed €2.17 billion to this total, with online sports betting, poker, and horse racing bets being the major components.

Navigating the Future of Gambling Regulation

This revelation by the ANJ sets a crucial precedent for the future of gambling regulation in France. It highlights the need for robust measures to protect vulnerable gamblers and ensure a fair and safe gambling environment. As France navigates these challenges, the findings serve as a critical reminder of the ongoing battle against unregulated gambling and the importance of responsible gaming practices.

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Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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Daily News

SOFTSWISS Jackpot Aggregator Sees 2.6x Surge in Bets: 2023 Report

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In a dynamic year for the iGaming industry, the SOFTSWISS Jackpot Aggregator has released its 2023 report, offering insights into significant trends and achievements.

Notably, the report reveals a staggering 2.6 times increase in bets participating in jackpots, shedding light on the growing appeal of these mechanics among operators and players alike.

A Year of Remarkable Growth

Throughout 2023, bets participating in jackpots experienced consistent quarterly growth, witnessing a remarkable 165% increase from January to December. By the end of the year, the total value of these bets had surged to an impressive 6.396 billion euros. Moreover, the number of jackpot campaigns witnessed a substantial growth of 3.8 times compared to the previous year, totaling 230 campaigns.

Expanding Reach and Impact

One of the standout achievements of 2023 was the expansion of the Jackpot Aggregator’s footprint. The number of brands utilizing its jackpot solution tripled within the year, culminating in over 70 active brands by year-end. This surge in adoption reflects a heightened level of market trust and interest in the product.

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Introducing the Prime Jackpot Campaign

A significant milestone of 2023 was the introduction of the Prime Jackpot campaign, which debuted in Q4. This innovative feature garnered considerable attention and interest from players across various casinos. The Prime Jackpot campaign allows operators to participate in shared prize pools, ensuring that rewards are drawn from the collective pool rather than from a specific brand operator. This approach not only offers larger rewards to attract more players but also enhances player engagement and loyalty while optimizing operational costs for operators.

Insights from SOFTSWISS

Aliaksei Douhin, Head of SOFTSWISS Jackpot Aggregator, shared his insights into the year’s achievements. He emphasized the noticeable increase in clients and connected casino brands, as well as the growing volume and value of bets in jackpots. He expressed satisfaction in witnessing clients actively embracing the Jackpot Aggregator and recognizing the added value it brings to their brand operations. The solution empowers operators to provide players with enhanced gaming experiences and more enticing winnings. Client feedback is actively collected and analyzed to ensure clients have access to the most sought-after tools and mechanics.

Looking Ahead to 2024

In 2024, the SOFTSWISS Jackpot Aggregator is set to extend its reach to a wider spectrum of clients. This expansion will be guided by a customized approach, ensuring that each client can tailor the product’s capabilities to meet their specific requirements.

Meet SOFTSWISS at ICE London

The SOFTSWISS Jackpot Aggregator team will be present at ICE London from February 6th to 8th, 2024. They are ready to showcase their latest advancements and engage in discussions with existing and potential clients.

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About SOFTSWISS

SOFTSWISS is a renowned international iGaming company that offers certified software solutions for managing gambling operations. With a dedicated team of over 2000 employees spread across Malta, Poland, and Georgia, SOFTSWISS holds multiple gaming licenses and provides comprehensive iGaming software solutions. Their diverse product portfolio includes the Online Casino Platform, the Game Aggregator featuring thousands of casino games, the Affilka affiliate platform, the Sportsbook software, and the Jackpot Aggregator. In 2013, SOFTSWISS made history by introducing the world’s first Bitcoin-optimized online casino solution.

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