French people indeed showed a lot of enthusiasm in sports betting in the Euro2020 that has just ended. The French National Gaming Authority (ANJ) recently announced that the French had cast a total of 435 million euros during the European Cup, setting a new record in the “critical battle” where the French team was defeated by Switzerland.
French “La West” reported that the chairman of ANJ Isabel Falk-Pierrottin stated on July 12 that the French had bet 435 million euros online during the entire European Cup. She said in a program on French television station BFM TV that this set a new betting record in France “in the history of online sports betting“. Even during the 2018 World Cup when the French team won the championship, the amount of online betting only reached approximately 330 million euros.
Falke-Pierrottin said that in the European Cup final between Italy and England on the 11th, the French invested 20 million euros in a game between France and Switzerland that was unexpectedly eliminated by the latter. The bet record reached 27 million euros.
“In the past four years, compared with traditional betting, online betting accounted for the majority.” Falck-Pierrotin said: “In the past few years, the French have been more concerned about sports betting, especially football betting. More and more interested.”
Gambling is legal in France, and different gaming institutions are regulated by ANJ. The agency issued a report in March showing that the epidemic has caused the rapid development of the French online gaming industry. In 2020, online sports betting reached 5.3 billion euros, the highest since the gaming industry opened up for competition in 2010. According to the latest data from ANJ, the number of sports betting bettors in the first quarter of 2021 has increased by 29% over the same period last year, with 2.5 million active accounts.
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