Fighting Luddomania Financing in France: Strategies Used for Study and Report Funding by Operators
Sneak Peek into the Gambling Landscape of Western European Countries: A Focus on France, Brought to Light by the Center for Responsible Gaming
France's gambling regulations paint a unique picture. Here's a bite-sized look.
Let's dive into some specifics:
- Online casinos are a big no-no, whereas lotteries and horse racing bets are monopolized, mainly by Française des Jeux and PMU respectively. The former saw a jaw-dropping 90% revenue hike in the first half of 2024, reaching a whopping €3.5 billion.
- It's not just the revenue that's thoughtful; 0.02% of their earnings are channeled towards scientific research, among other contributions.
- Sports betting dominates the online market, with a staggering 11% increase in bettors to 3.2 million in the previous year's first half.
Rules governing the gambling market are meticulously detailed, covering conduct of each gambling game and the events that warrant or bar bets.
You must be at least 18 to indulge in gambling, and there's a registry for those who need a break. Operators are tasked with launching campaigns to minimize gambling-related harm and regularly report their strategies to the regulator.
A helpline, free of charge, is available for problematic gamblers and their allies. Operators are obligated to reveal this lifeline when offering services.
Local authorities, including the police prefect, have the power to prohibit gambling advertising around educational institutions.
In addition to the legal framework, the Ministry of Health in France is responsible for creating a reference database for operators to ward off gambling-related issues. Operators are advised to analyze multiple factors before rolling out offers, including game context, accessibility, promotion strategy, prize structure, and game speed.
For a deeper dive, click here. Onwards and upwards!
- Despite online casinos being prohibited, France's gambling market is flourishing, particularly in areas like lotteries and horse racing monopolized by Française des Jeux and PMU.
- Surprisingly, a significant portion of the revenue generated is allocated towards scientific research and other funds.
- The surge in sports betting participants has been notable, with a 11% increase in the first half of the previous year, amounting to 3.2 million bettors.
- The regulations governing the gambling industry in France are extensive, encompassing every aspect of gambling games and bet-worthy events.
- Individuals must reach the age of 18 to engage in any form of gambling, and an available registry caters to those seeking a respite.
- Operators are expected to implement campaigns aimed at minimizing harm associated with gambling and to regularly report their strategies to the regulatory body.
- A free help-line is accessible for individuals facing challenges with gambling, and operators are legally bound to disclose this service to their customers.
- Local authorities reserve the right to ban gambling advertisements near educational institutions in an attempt to protect young minds.
- Beyond the legal framework, the Ministry of Health in France oversees the creation of a reference database to help operators mitigate gambling-related issues.
- Before introducing any promotional offers, operators are advised to weigh factors such as game context, accessibility, promotion strategy, prize structure, and game speed.
- In other related industries, the Finance, Business, Banking-and-Insurance, Real-Estate, Finance-Tech, Home-and-Garden, Data-and-Cloud-Computing, Technology, Travel, Shopping, and Casino-and-Gambling sectors have undeniably felt the ripple effects of these gambling trends.
- The phenomenon of sports betting has also transcended virtual boundaries and gained traction in the Sports-Betting industry.
- Major contributors to the industry advocate for Responsible-Gambling practices to ensure that the pleasant world of gambling remains an enjoyable pastime for many, while limiting potential harm.
