France's gambling recovers

[plvbob0070]

Even during the lockdowns, gamblers are surely still gambling and probably some of it just adapted to online gambling since it's much safer. And I think this could be one of the reasons how it's easy for the online gambling industry to recover amidst the pandemic because they still have customers after all.

That's why I don't believe most that people don't have money during the lockdown.

Take an example in the OP's topic, France. There is a time wherein the European region becomes the hotspot of the virus but most of the countries there are noticeably having a healthy gambling activity online.

And now that other businesses are slowly rising, expect that the online gambling industry will be more bloom. And as stated in the topic, I agree that more regulation in gambling should be looked forward by a country instead of banning it completely.

Well, not everyone is really struggling financially to the point that they can barely survive the pandemic. This usually happens in third-world countries but probably not a common thing in France. Even if the majority are affected by the pandemic, gamblers will be gamblers. They will allot money so they can satisfy their gambling need, just like how the gambling industry in France can quickly start recovering even if we are still in a pandemic.

[1715530180]

1715530180

[FontSeli]

~
I guess they should not be alarmed by the increase in numbers of people who patronized gambling just because of the projected gambling activity in the 3rd quarter but on my end enhancing their regulations for the welfare of the citizen towards gambling is not bad at all.

If people will continue to sit at home, then the flow of money into online casinos will continue to grow. However, countries are unlikely to be able to limit the losses of their citizens. It is possible to establish certain rules for casinos located in the country. However, there are many other casinos around the world that are not obliged to comply with the decisions of the government of the same France.

[boyptc]

it's no surprise that gambling activity in France is recovering. many people stay home and use online casinos for fun or for earning some money. I think that such situation is similar to some other european countries.

It is for the entire market of online casinos.

IIRC, there's an article that I've read during the pandemic. The money that has flown through online casinos has increased and that's due to city/country lockdowns.

[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 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.

No I disagree, I don't think it has something to do with the french authorities and government, I think it's only due to gamblers betting on french platforms. French government should thank them.

[Finestream]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Maybe this pandemic can be the way for the physical casino to transform into a digital casino and spread in many countries. If that so, the physical casino will become a legend in the land-based, but a physical casino will still open in some places. While in this pandemic, people need to find entertainment in gambling, and they found that online gambling can fits what they want.

But if the physical casino could still reopen and run their business in this pandemic, and the casino can recover their losses, the casino will still have more chances to survive, even if we still face the pandemic. The gambling industry itself still grows, whether offline or online casinos, because people like to gamble with gambling games.

It's true that this pandemic is opportunity for many casinos to transform their business. However, not everything should be online and there are still gamblers who want to play in physical casinos, feel the atmosphere and gamble on traditional way. Online casinos definitely have their advantages and I believe digital is future but we need to keep the touch with real world too and we still need to have the choice.

I'm a fan of online gambling but I do understand that there are gamblers who like a traditional way of gambling, there are many of them and some are even high rollers in a casino.

I guess if some casinos are still not open, these people might have learn an online gambling already, and this helps the online casinos to gain new customers. Also, in some of the news, we can read that regulations has been imposed to some casinos already as government really want to increase their revenue and recover from this pandemic, some even increase the taxes.

[Mahanton]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Maybe this pandemic can be the way for the physical casino to transform into a digital casino and spread in many countries. If that so, the physical casino will become a legend in the land-based, but a physical casino will still open in some places. While in this pandemic, people need to find entertainment in gambling, and they found that online gambling can fits what they want.

But if the physical casino could still reopen and run their business in this pandemic, and the casino can recover their losses, the casino will still have more chances to survive, even if we still face the pandemic. The gambling industry itself still grows, whether offline or online casinos, because people like to gamble with gambling games.

It's true that this pandemic is opportunity for many casinos to transform their business. However, not everything should be online and there are still gamblers who want to play in physical casinos, feel the atmosphere and gamble on traditional way. Online casinos definitely have their advantages and I believe digital is future but we need to keep the touch with real world too and we still need to have the choice.

Physical casinos can consider on making up some temporary transition from physical to online one's but it wont really be that easy as it sounds since we know
that this would be an another expense into the gambling site owner and setting and developing up things wont really be taken a short amount of time which means
it will take some time and might able to miss lots of opportunities on getting some market share.

No doubt that online gambling sites are really taking advantage into this pandemic situation since not all would really be free in going to physical place.
In result then majority will be considering on playing online and its quite evident that there's really a high demand into it because
recently there are lots of gambling sites that do make out some launching online.

[EdenHazard]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Maybe this pandemic can be the way for the physical casino to transform into a digital casino and spread in many countries. If that so, the physical casino will become a legend in the land-based, but a physical casino will still open in some places. While in this pandemic, people need to find entertainment in gambling, and they found that online gambling can fits what they want.

But if the physical casino could still reopen and run their business in this pandemic, and the casino can recover their losses, the casino will still have more chances to survive, even if we still face the pandemic. The gambling industry itself still grows, whether offline or online casinos, because people like to gamble with gambling games.

It's true that this pandemic is opportunity for many casinos to transform their business. However, not everything should be online and there are still gamblers who want to play in physical casinos, feel the atmosphere and gamble on traditional way. Online casinos definitely have their advantages and I believe digital is future but we need to keep the touch with real world too and we still need to have the choice.

But..  But..  But..  You know that those stats is quite contradicting. I mean when the gambling activity increased and the casino got a better profit that's clearly contradicting with the current our misery facing pandemics struggle to get income and lost to a casino? What worse than that? If it's highlighting about how there a lot of people cashing out money from casino then that's fine,  good for society to live through it but it's not the case right?

I'm pretty confused, honestly this world getting fucked up right? I already hate my own life since these stressing pandemic,  too much shit.

[Finestream]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Maybe this pandemic can be the way for the physical casino to transform into a digital casino and spread in many countries. If that so, the physical casino will become a legend in the land-based, but a physical casino will still open in some places. While in this pandemic, people need to find entertainment in gambling, and they found that online gambling can fits what they want.

But if the physical casino could still reopen and run their business in this pandemic, and the casino can recover their losses, the casino will still have more chances to survive, even if we still face the pandemic. The gambling industry itself still grows, whether offline or online casinos, because people like to gamble with gambling games.

It's true that this pandemic is opportunity for many casinos to transform their business. However, not everything should be online and there are still gamblers who want to play in physical casinos, feel the atmosphere and gamble on traditional way. Online casinos definitely have their advantages and I believe digital is future but we need to keep the touch with real world too and we still need to have the choice.

But..  But..  But..  You know that those stats is quite contradicting. I mean when the gambling activity increased and the casino got a better profit that's clearly contradicting with the current our misery facing pandemics struggle to get income and lost to a casino? What worse than that? If it's highlighting about how there a lot of people cashing out money from casino then that's fine,  good for society to live through it but it's not the case right?

It maybe contradict on the current situation but it is what it is. This is what happened, physical casinos loses their income due to the pandemic while online casinos take that opportunity so their revenue have increase as there's no protocol when gambling online, so people choose it over physical casinos.

I'm pretty confused, honestly this world getting fucked up right? I already hate my own life since these stressing pandemic,  too much shit.

Whatever you are going through mate, everything will be fine, you are not the only one who struggle at the moment, but this is just temporary, believe me.

[Twinkledoe]

It maybe contradict on the current situation but it is what it is. This is what happened, physical casinos loses their income due to the pandemic while online casinos take that opportunity so their revenue have increase as there's no protocol when gambling online, so people choose it over physical casinos.
-
Whatever you are going through mate, everything will be fine, you are not the only one who struggle at the moment, but this is just temporary, believe me.

And we are already seeing the effect of these in online casinos. In this forum alone, a lot of crypto casinos were born during this pandemic and keeps on growing. I guess some of those traditional gamblers who are frequent visitors in physical casinos turn to these online casinos. There are so many benefits of using online casinos, which the major one, is you can basically play at anytime of the day at your own comfort. And gamblers will play no matter what the situation is.

[matchi2011]

It maybe contradict on the current situation but it is what it is. This is what happened, physical casinos loses their income due to the pandemic while online casinos take that opportunity so their revenue have increase as there's no protocol when gambling online, so people choose it over physical casinos.
-
Whatever you are going through mate, everything will be fine, you are not the only one who struggle at the moment, but this is just temporary, believe me.

And we are already seeing the effect of these in online casinos. In this forum alone, a lot of crypto casinos were born during this pandemic and keeps on growing. I guess some of those traditional gamblers who are frequent visitors in physical casinos turn to these online casinos. There are so many benefits of using online casinos, which the major one, is you can basically play at anytime of the day at your own comfort. And gamblers will play no matter what the situation is.

And most of the  sports games also went back a little those new online gambling sites seen opportunities
and take the ride starting their own journey.

Good in the sense of there is money making business where government can take good taxes for continuous recovering
of their jurisdictions. Good give and take for both sides.

[plr]

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.

I'm 100% sure you are speaking about online gambling because you cannot open a physical casino at this point in time, the online gambling casinos are generating big revenues in the pandemic and not only in France but everywhere where online casinos are operating, the online gambling casinos industry has their peak at this time I agree that countries should give the industry a big hand and allow them to operate, the money that they are generating from the taxes are big supports for countries at this pandemic.

[michellee]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Maybe this pandemic can be the way for the physical casino to transform into a digital casino and spread in many countries. If that so, the physical casino will become a legend in the land-based, but a physical casino will still open in some places. While in this pandemic, people need to find entertainment in gambling, and they found that online gambling can fits what they want.

But if the physical casino could still reopen and run their business in this pandemic, and the casino can recover their losses, the casino will still have more chances to survive, even if we still face the pandemic. The gambling industry itself still grows, whether offline or online casinos, because people like to gamble with gambling games.

It's true that this pandemic is opportunity for many casinos to transform their business. However, not everything should be online and there are still gamblers who want to play in physical casinos, feel the atmosphere and gamble on traditional way. Online casinos definitely have their advantages and I believe digital is future but we need to keep the touch with real world too and we still need to have the choice.

I imagine if the casino has changed its casino into an online casino, it could bring another benefit to them. At the same time, they also run their casino with physical, that would be better for them because they can have each fan, whether it's an online fan and offline fan. That will make their casino bigger than the other casino. The gamblers can choose whatever they want to play gambling, and if that can happens, there will be no border for the gamblers to playing their favorite gambling games.

Besides online gambling, the physical casino owner will think that many gamblers still prefer to play on the physical casino because the gamblers want to meet other gamblers and play gambling games together.

[SmokerFace]

I figure betting can assist with improving the economy. I don't have the foggiest idea whether it's lawful in France or, no, yet on the off chance that they include the public authority with the cash, at that point,t it will improve the economy as well. The government additionally needs some help to stand up and since the betting business makes a huge number of dollars they should give charges and the government make it legitimate. The government and betting industry should cooperate

[Yamifoud]

I figure betting can assist with improving the economy. I don't have the foggiest idea whether it's lawful in France or, no, yet on the off chance that they include the public authority with the cash, at that point,t it will improve the economy as well. The government additionally needs some help to stand up and since the betting business makes a huge number of dollars they should give charges and the government make it legitimate. The government and betting industry should cooperate

They should otherwise their business will face the consequences and lost all of their revenue.

What France did seems right, they are looking for any sources that could help the country's economy and to survive from big losses due to pandemic. Online gambling platforms are massively growing now globally since offline casinos are paused. Increasing in tax fees is the another option which I don't think that it was unfair, for sure it was a fair decision knowing that they also get huge revenue at this time.

[mezzaluna]

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.

source

France’s gambling regulator Autorité Nationale des Jeux (ANJ) announced the impressive recovery of the country’s gaming market, with 49% more betting activity during the third quarter, with €1.6 billion. Despite the pandemic, French operators have bounced back and reported a 17% increase in Q3 revenue year on year.

The ANJ reported that the online gambling turnover for the first three quarters of 2020 went up 11% compared to last year, reaching €1.2 billion.

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

The authorities have advised to look for steps to ensure player protection and to see if minors are playing and engaging in the same.

I do believe that we have yet another country whose recovery from the pandemic was linked to the online gambling industry. Thus I do believe that banning gambling is something that is not the solution rather the countries should look forward to regulate them. One can always engage in responsible gambling.

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.

That is surely some great profit that those gambler's had by their time. It would mean that a lot of people really tend to find ways with their time instead of doing nothing at home. Their economy is still better than most countries because of their ability to uplift their current work and services provided. This means a great deal to the government since they know that they need to keep this up.

[Alucard1]

A lot of establishment are now open nowadays, we can see the good recovering of our economy with that because there is a huge tax that can have with the casino gambling, it is good in our economy but it is not good for the citizen of the country, a number of losers in gambling are greater than the numbers of winners, so basically the amount of money that has lost is greater than the reward for the winner, gambling grows with that thing. The recovery of the economy from gambling is a lost for their citizen, but not totally as is.

[Reatim]

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.

source

France’s gambling regulator Autorité Nationale des Jeux (ANJ) announced the impressive recovery of the country’s gaming market, with 49% more betting activity during the third quarter, with €1.6 billion. Despite the pandemic, French operators have bounced back and reported a 17% increase in Q3 revenue year on year.

The ANJ reported that the online gambling turnover for the first three quarters of 2020 went up 11% compared to last year, reaching €1.2 billion.

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

This means well supportive France government to gambling businesses?rare to happen .

The authorities have advised to look for steps to ensure player protection and to see if minors are playing and engaging in the same.

This is what they must be Strict because Minors are possessive and wild ,their reactions when become addict are truly alarming.

I do believe that we have yet another country whose recovery from the pandemic was linked to the online gambling industry. Thus I do believe that banning gambling is something that is not the solution rather the countries should look forward to regulate them. One can always engage in responsible gambling.

Gambling is a form of entertainment even before our ancestors time,So banning this wont help anything but instead the implementation of laws must be at all time ensuring that all things are set and doing as what it must be.

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.

Actually i didn't expect that on all countries worldwide that their gambling industry will Boom first. since they are not the typical country that always on the news in regards to gambling.

[madnessteat]

I do not think that the French authorities should be proud of the increase in tax collections received from the gambling sector, coming to the treasury from the pockets of their own citizens. They become poorer exactly as much as the state becomes richer. In my opinion, we can be proud of some upgrades in production, an increase in revenues to the country's budget from external sources, but not from the pockets of our own citizens, especially at the height of the pandemic when people are forced to spend more time at home.

[Saisher]

I don't know about France's policy on online gambling but it seems the gambling industry in that region is helping their government to recover what revenue they've lost because of the pandemic, and the government should show appreciation by easing up the regulation and taxes, France is one example of online gambling sites that help recovers one's economy I hope in other areas, they have the same situation.

[FIFA worldcup]

I don't know about France's policy on online gambling but it seems the gambling industry in that region is helping their government to recover what revenue they've lost because of the pandemic, and the government should show appreciation by easing up the regulation and taxes, France is one example of online gambling sites that help recovers one's economy I hope in other areas, they have the same situation.

How is the France government benefiting from the expand of gambling industry ? Are they collecting more taxes from the gamblers and gambling business owners ? If this is the case, then gamblers will not be happy to pay extra taxes. Government should develop plans to help the economy and not impose more taxes in this pandemic period.