France’s GGR sets record in 2022, with gambling activity dominated by monopoly holders

France’s GGR sets record in 2022, with gambling activity dominated by monopoly holders

Article brief provided by SBC News
  • Ted Menmuir, SBC News
May 29, 2023 7:43 PM

2022 saw French gambling achieve its highest-ever gross gaming revenues of €12.9bn [$13.8bn], recorded across all licensed segments by l’Autorité Nationale des Jeux (ANJ), the country’s unified gambling authority.

Yet, despite achieving peak GGR results, ANJ’s 2022 market report showcases the ‘disparities of French gambling’ made up of private enterprises competing against operators managing exclusive monopoly contracts.

The condition is highlighted as €8.9bn of the GGR total (64%) was generated by FDJ and Pari-Mutuel Urbain (PMU), the respective monopoly operators for the National Lottery, sports betting POS and French horseracing.

ANJ proclaimed a “record year for monopoly operators”, which benefited from a post-COVID return of a “normalised business environment, with almost all points of sale reopening since June”.