France's gambling recovers

[FinneysTrueVision]

It is not too surprising because most sports have already come back. The most popular sport for gambling is soccer where national and European level tournaments have resumed their operations. There is also online gambling which is easy to do from home and it wasn't affected negatively during the pandemic. Once the virus is under control we will see all the postponed events like the Olympics and World Cup qualifiers all happening within a short timespan and we will see an explosion in gambling activity.

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[maydna]

It is good news to see the gambling industry can recover in this pandemic so that they can make money again in hard situations. As a business that contributes to the taxes on the country, it will bring a recovery process to that country, and slowly the country will recover the economy. With the other businesses trying to recover as what the gambling industry does, sooner or later, the situations will be normal, even if the pandemic still be with us. Each business can be related to each other, and it could bring a good impact on them which will lead the country to have a better situation in the future.

[Lorence.xD]

It is good news to see the gambling industry can recover in this pandemic so that they can make money again in hard situations. As a business that contributes to the taxes on the country, it will bring a recovery process to that country, and slowly the country will recover the economy. With the other businesses trying to recover as what the gambling industry does, sooner or later, the situations will be normal, even if the pandemic still be with us. Each business can be related to each other, and it could bring a good impact on them which will lead the country to have a better situation in the future.

That still depends whether the government has a solid economic plan because relying on gambling industry alone will not be enough to stand back to their feet again, that is also assuming that every gambling platforms and houses are paying their taxes, some are exempted because of tax write offs for their charities. The best course in my opinion is to help the smaller businesses during these trying times because large ones are the biggest blackholes when it comes to economic stimulation, large corporations/businesses do not reserve emergency funds for their businesses, they use most of their money for stock buybacks which is pretty BS because in this times, this large capitalists are using our taxes to keep their company afloat.

[plvbob0070]

Online gambling is becoming more popular among gamblers because we are in a pandemic and it's safer to gamble online. This is really nice for their part that France is now in the process of recovering. And I like how they see the benefits of regulating gambling in terms of revenue to help them. Even with the struggle in our current situation, the gambling industry is still doing well and it can be a help for their economy to recover.

[Saint-loup]

Isn't France one of the Countries where gambling is banned? In a couple online casinos, i did check out their Terms and conditions and France was part of the list of Countries whose Citizen were not allowed to gamble.

Generally the whole issue of banning gambling is not cool. It's like governments are trying to control how their citizens are supposed to spend the money they sweated to make.

Yes most of casino gambling games are forbidden on line, but poker and betting are allowed even if it's very regulated and restricted, platforms have to be registered with a special authority and not all kind of bets are allowed. Big platforms have usually special version dedicated to France.

[ice098]

It is good news to see the gambling industry can recover in this pandemic so that they can make money again in hard situations. As a business that contributes to the taxes on the country, it will bring a recovery process to that country, and slowly the country will recover the economy. With the other businesses trying to recover as what the gambling industry does, sooner or later, the situations will be normal, even if the pandemic still be with us. Each business can be related to each other, and it could bring a good impact on them which will lead the country to have a better situation in the future.

No doubt that online gambling may be the one of the fund resources of one country especially at this time of pandemic. At this time of pandemic i guess banning of online gambling wasn't suitable since every nation were facing an economic downfall growth. While we are waiting for the normalize of the world and economic, a better choice of France's government to allow online gambling on operation since it may not affect the health protocol that was imposed i guess the only issue that may arise was the proper regulation of user/player (age limitation).

[MWesterweele]

Isn't France one of the Countries where gambling is banned? In a couple online casinos, i did check out their Terms and conditions and France was part of the list of Countries whose Citizen were not allowed to gamble.

Generally the whole issue of banning gambling is not cool. It's like governments are trying to control how their citizens are supposed to spend the money they sweated to make.

Yes most of casino gambling games are forbidden on line, but poker and betting are allowed even if it's very regulated and restricted, platforms have to be registered with a special authority and some kind of bets are forbidden, live betting and exchange betting are not allowed for example. Big platforms have usually special version dedicated to France.

I don't have a list of countries which have a banned rules and regulations about gambling. But as i know France was one of the county which has a lot of strict rules and regulations but the mere fact that France gambling business  or online gambling were recovering then it only means that France were open minded to the potential of gambling to give them a potential income from taxes. Here in our country casino business were legally operated but due to pandemic it were temporary stop operation.

[pawanjain]

Online gambling has increased a lot lately and the credit goes to Covid-19 I believe. People used to enjoy going to casinos to gamble.
But now people can gamble from the comfort of their home. But it also has it's down sides that people tend to over gamble without limiting themselves.
Online gambling has also encouraged teens to gamble on gambling sites.
It is good that authorities are regulating gambling sites and restricting people under 18 from gambling.
I think every gambling site should be regulated and only people who are eligible to gamble should be allowed to gamble on that site.

[shoreno]

the growth is because of sports ? thats weird for me because i thought that sports now are verry limited and most casinos/gamblers now are foccusing on non sport based games but i see that the number of campaigns here in the forum are coming from sports based sites , that could be true .  its cool that online gambling can contribute most on the recovery of a country and other governments now starts unbanning gambling sites but regulating crypto/blockchain based gambling is i think not good

[kotajikikox]

+ Revenue  =  - More losses into their citizens.

You Get it Mate because the more Casinos are gaining is the larger the People losing and What is the Most important the Revenue from the Gambling operators or from the gamblers that Losses their Money Daily because of gambling operation.

This is why you can really saw that other countries aren't really considering this kind of option and still do ban neither offline or online gambling.
They don't care about revenue or what but rather they do focus on with their citizens protection towards addiction or getting broke.

The more people lose their Money is the More they cry for help from the government,Yeah it is their Mistake to gamble but if there are no gambling houses they have no chance of losing.

Yeah, it might be having its pro's but you cant really force them to have some re-consideration on accepting it instead.

Well we have different views in each matter specially the government that need to consider the majority.

[fortunecrypto]

According to the french national gambling authority. The gambling in france showed 49% more gambling activity in the third quarter with a recovery which supposedly gave 1.6 billion Euro as revenue.

Thye are one of the early industry that recovers easily because of the stay at home policy because of the pandemic and it's not only in France many other countries also showed the same data, Argentian for one has increased the tax because of the increase in revenue of online gambling registered in their country, we can safely say that online gambling is a lifesaver for these countries, which suffer from the pandemic.

[MCobian]

No one can say for sure when the COVID-19 pandemic will end, therefore the government must have the courage to allow
the gambling industry to run again. I support countries that reopen casinos, as France and USA have done. Despite the pros
and cons, It must be admitted that the gambling industry can contribute significantly to improving the country's economy.
Because the circulation of money at online or offline casinos is very large, so if the gambling industry can be reopened,
it can become state income.

[TimeTeller]

+ Revenue  =  - More losses into their citizens.

You Get it Mate because the more Casinos are gaining is the larger the People losing and What is the Most important the Revenue from the Gambling operators or from the gamblers that Losses their Money Daily because of gambling operation.

This is why you can really saw that other countries aren't really considering this kind of option and still do ban neither offline or online gambling.
They don't care about revenue or what but rather they do focus on with their citizens protection towards addiction or getting broke.

The more people lose their Money is the More they cry for help from the government,Yeah it is their Mistake to gamble but if there are no gambling houses they have no chance of losing.

Yeah, it might be having its pro's but you cant really force them to have some re-consideration on accepting it instead.

Well we have different views in each matter specially the government that need to consider the majority.

It is true that the more revenue they have, it means more losses from their citizens.
However, the government is not obliging these people to gamble during this crisis.
If these individuals can play even during this crisis, this means most of them can afford to gamble.
Because if you are a responsible family member, you will not gamble the money that is needed for your family's needs.
So that kind of situation, is not the fault of the government but the individual himself.

[Mauser]

According to the french national gambling authority. The gambling in france showed 49% more gambling activity in the third quarter with a recovery which supposedly gave 1.6 billion Euro as revenue.


This was actually due to :
-online Gambling related to sports events

This is not such a huge surprise, because we all experienced the same on the forum. I am a huge fan of gambling, and usually went 3-4 times per year to a casino near my home town. But now with the pandemic, I couldn't even go once this year. And due to the availablity of online casinos lately, with more and more promotions being offered it's hard to gamble a lot more from home these days.

[bitterguy28]

According to the french national gambling authority. The gambling in france showed 49% more gambling activity in the third quarter with a recovery which supposedly gave 1.6 billion Euro as revenue.

So Good for france that at least in gambling Area their country is recovering but i am curious on how does it happen since the Lockdown and quarantine happens?

Meaning their casinos are open even in pandemic state>

But well it is enough that in one side gambling is in recovering while other businesses continues to struggle.

[slaman29]

Hard to believe that French people haven't found a way to go online and gamble with crypto before this though! I mean isn't France the land of democracy and freedoms, I thought everyone there automatically even have their schools teach them to use VPN and everything else online;)

Come to think of it though I don't really see French people gambling online in the communities I'm active in. Food for thought!

[qwertyup23]

<snip...>

I agree with their statements on the regulation of online gambling.

The numbers speak for themselves- 1.6 billion in revenue due to online gambling and some countries prohibit such due to the conflict between morals and revenue. To be honest, this kind of revenue can be a game changer especially to third-world countries who seek an alternative method of earning revenue.

One thing that I do want to point out is the regulation of online gambling. Due to its nature, there is that potential threat of minors engaging into this activity which is obviously, immoral. I do hope that the government provides a system where it can balance its revenue power and morality/accessibility of minors.

[coin-investor]

According to the french national gambling authority. The gambling in france showed 49% more gambling activity in the third quarter

France really sets an example for other countries alike. I do think the countries where the gambling is open and regulated are going to recover faster as compared to the others since they are generating immense revenue for the government and at the same time the players also have a lot to choose from.

Lockdown and work from home gave rise to people actively playing in online gambling and not only in France but other countries which regulate online gambling they made good recoveries because of the taxes they pay to the government, this is a rare time that the gambling industry is helping many countries to survive this pandemic, the government should thank the gambling section for their help.

[kamadazje]

They are doing pretty well as they were able to bounce back even if the money is coming from the gambling activity. I will just hope that they will ensure that they will strictly regulate every casino in their country so the minors can't freely play in any of their casinos.

Pandemic really affects almost all the countries and recovering from it is a big challenge in every government but France was able to recover from it so I salute them for it. In our country also, I saw that they are earning a good amount of taxes that are coming from the casinos so I guess it is not that bad as long as it is fully regulated for a responsible gaming.

[Lanatsa]

According to the french national gambling authority. The gambling in france showed 49% more gambling activity in the third quarter

France really sets an example for other countries alike. I do think the countries where the gambling is open and regulated are going to recover faster as compared to the others since they are generating immense revenue for the government and at the same time the players also have a lot to choose from.

Lockdown and work from home gave rise to people actively playing in online gambling and not only in France but other countries which regulate online gambling they made good recoveries because of the taxes they pay to the government, this is a rare time that the gambling industry is helping many countries to survive this pandemic, the government should thank the gambling section for their help.

Its on that typical side and the thing that majority of them did really make out such increase that had been given into the gambling industry side because they do know that
these places or businesses do generate more more than into those typical businesses but to think that this isn't only the reason on such recovery.

Always consider that there are some specially on the essentials side where the most common demand as always.They do have differences but having on the same contribution and
which did really give out some positive impact on overall economic state.

There are several countries which are on the same state as France for gambling to be that relevant towards recovery.