French gaming revenue grows 35% in Q1 increase as betting skyrockets

French gaming revenue grows 35% in Q1 increase as betting skyrockets

Article brief provided by iGamingBusiness
  • Nosa Omoigui, iGamingBusiness
June 8, 2021 11:20 PM
  • Nosa Omoigui, iGamingBusiness

The French online gaming sector posted revenue of €587m ($715m/£505m) for the first quarter of 2021, representing a 35% increase on the same period last year.

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According to the statistics posted by France’s gaming regulator ANJ, the increased revenue can be attributed partly to a 19.1% increase in active player accounts to 3.1 million.

Sports betting in particular was was subject to massive growth. The €2.18bn wagered by players was a 78.8% increase on a 2020 heavily impacted by a suspension of sporting events caused by the novel coronavirus (Covid-19) pandemic late in the quarter.