France created an agency to regulate and monitor betting

by time news

2024-09-27 19:58:23

In 2010, France adopted the first law relating to the opening to competition and regulation of the online gaming and betting sector. Official data from 2023, the most recent available, show that betting and traditional lottery and scratch card games generated €13.4 billion in the country that year, around R$81 billion. Of this total, R $ 15 billion corresponds to online betting.

In France, betting is authorized exclusively for sports, horse racing and poker. Other casino games are excluded, because there are establishments across the country that are open to everyone over 18 years of age.

However, for the billions of euros transferred in this market and the increase in people addicted to gambling, in 2020, the French government created an independent general management agency, the National Gaming Authority (ANJ) , which mediates the licenses issued in companies and administrations. effort in the sector.

The French State has set the public policy objectives of the agency to be to prevent addiction, protect minors, maintain the integrity of platform services, fight fraud and other criminal activities, and ensure balance in supply companies.

There are 16 platforms registered for online betting with the regulatory agency, not counting Francesa de Jogo (FDJ), which has a monopoly on lotteries and scratch cards. In all of them, the visitor is required to open an account, provide a copy of the identity card with address, make a deposit and pay by credit card. The Pix payment option is not available in France.

There are estimates, however, that illegal betting generates an annual turnover of €748 million to €1.5 billion, somewhere between R$4.5 and R$9 billion. Those who make this money are companies that provide online casino games, such as roulette and black jack. According to ANJ, when betting on these sites, half of the customers do not even know that they are committing a crime.

Experts say that betting is the link between the world. The European market represents more than €230 billion, China €1 trillion. For regulatory bodies, it is a challenge to combat illegal activity.

All French bettors need to do it using a VPN application, which protects online privacy, and they will escape the control of the local authorities and bet on platforms based on the wall or in tax places, which offers more attractive benefits than the legal dog in the country. From 2022 until July of this year, the National Gaming Authority blocked 300 websites for violating French laws.

French bettor profile

A study by the French Observatory on Addiction and other addictions, from 2023, shows that almost half of the French adult population has bet on gambling in the 12 months prior to the study, the majority over the age of 18, but a quarter of youth . people from 17 years old said that they placed bets.

In France, the bettor profile is a man, between 25 and 34 years old, who bets on average €1,982 per year, around R$12 thousand, and loses around R$2,100. In other words: winning creates a vicious circle and people start betting again.

Officially, around 4 million French people bet at least once a year on platforms – 6% of the population -, but 1.8 million French people whose behavior is considered problematic in relation to gambling.

Between 2022 and 2023, the number of sellers decreased slightly, but the trend started to grow again. Official data for 2024 has not yet been published, but experts are already preparing for a possible explosion in betting with the European competition in Germany, last March, and the Olympic and Paralympic Games in Paris. Around 70% of bets in France are on football matches.

The Brazilian government was shocked when it recently discovered that Bolsa Família beneficiaries were using the system’s payment card to pay for bets.

France increased scrutiny

The French government has the Family Assistance Fund (CAF) to manage the distribution of social system resources to the population. The benefits vary, ranging from a minimum wage to help paying rent, depending on income. Generally, deposits are made into the bank accounts of beneficiaries. Once the money is deposited into a person’s account, they can do whatever they want with the money.

However, news of fraud in the French social system caused the government to try to reduce the losses. To prevent abuses, management has increased monitoring, which includes frequent visits by the beneficiary to CAF centers to present evidence.

In the case of people who have the right to pay part of the rent, for example, whenever possible, the government credit is made directly to the bank account of the property owner, to avoid the money to be used otherwise.

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