ANJ publishes H1 2023 market report

ANJ publishes H1 2023 market report

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ANJ publishes H1 2023 market report

The ANJ recently published an analysis covering the performance of French gambling firms in the first half of the year.

The report started off by covering the financial performance of the country’s two major gambling and betting monopoly operators, the FDJ and the PMU. The revenue of these two companies accounted for more than two-thirds of the market’s total at 78%, reaching 4.13 billion euros. Further breaking down the performance of the two firms, the FDJ made 3.3 billion euros in the period, while PMU generated around 870 million euros in revenue.

Both monopoly companies experienced slight increases in their performance year-over-year, with the FDJ’s revenue growing by 2% while PMU’s revenue increased by 1%. The main driver behind the former’s slightly higher growth rate was the increase in total wagers placed by local sports fans, which grew by 13% in the period to just under 2.3 billion euros. Despite this, the FDJ’s lottery operations continue leading in terms of performance with a total bets figure of more than 8 billion euros.

While the country’s two monopoly companies didn’t experience much growth, online gambling and betting firms in the country were able to generate 10% more revenue in the period compared to the first half of last year, almost reaching 1.2 billion euros. Online sports betting led the industry in terms of revenue, accounting for 64% of the total, while online poker and wagering on horse racing made up the rest of the total at 21% and 15% respectively.

Additionally, the regulator also reported a 3% yearly increase in the total number of active online gambling accounts in the country, with online poker operators leading the industry in terms of active account growth at 16% while online wagering businesses had the most active accounts in the period at just over 3.1 million.

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