Connect with us

Business

ANJ Increases Oversight on French Gambling Promotions in 2024

Published

on

Autorité Nationale des Jeux (ANJ)

ANJ’s Rigorous Monitoring of French Operator Promotions Amid Major Sports Events

The Autorité Nationale des Jeux (ANJ), France’s gambling regulatory authority, is tightening its scrutiny of promotional activities by licensed operators, particularly in anticipation of high-profile sporting events in 2024, including the Euro 2024 and the Paris Olympics.

Heightened Focus on Euro 2024 and Paris Olympics

With France set to host the 2024 Paris Olympics and actively participate in the Euro 2024 in Germany, the ANJ is urging betting firms to exercise moderation in their marketing efforts. The regulator’s primary concern is to mitigate excessive advertising pressure, especially during these significant sports events.

Operators’ Strategies Under the Microscope

In its comprehensive review of promotional strategies for 2024, the ANJ analyzed submissions from 16 approved online operators and two exclusive rights operators, La Française Des Jeux and Pari Mutuel Urbain. The watchdog noted a continuation of 2023 strategies, aimed at player retention amidst a busy sports calendar.

Promotional Strategy Guidelines and Restrictions

The ANJ’s guidelines stress the need for operators to moderate financial rewards and ensure they are clear and understandable to the public. Moreover, firms are advised against offering rewards to players identified as potentially excessive or at risk of problem gambling.

Advertisement

Specific Case: WINAMAX’s Strategy Rejection

The regulator partly rejected the promotional strategy of WINAMAX, particularly regarding bonuses and financial rewards. This action underscores the ANJ’s commitment to upholding responsible marketing practices in the online gambling sector.

2024 Marketing Budgets and Focus

Projected to rise by 14% year-on-year, the promotional budgets for French-licensed online sports betting and gaming operators are expected to hit €670m in 2024. A significant portion of this budget, approximately 30%, is earmarked for the period encompassing the UEFA Euro 2024 and the Olympic Games in Paris.

Distribution of Marketing Expenditures

The ANJ’s analysis revealed that nearly 59% of the operators’ marketing budgets are allocated towards bonuses and free bets, primarily to attract new players. This investment trend highlights the competitive nature of the online gambling market in France and the importance of regulatory oversight to maintain responsible gaming practices.

ANJ’s Role in Ensuring Responsible Gambling

The regulatory body’s increased vigilance and stringent guidelines for promotional activities reflect its commitment to ensuring a responsible and ethical gambling environment in France. By closely monitoring operator strategies, the ANJ aims to safeguard players and maintain the integrity of the gambling sector during these high-profile sporting events.

Advertisement

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.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at: sales@gamingo.news

For editorial or PR submissions, contact: media@gamingo.news

Copyright © 2024 Gamingo.News.