Definition:
The online gambling market includes various forms of online wagering activities, such as online sports betting, online casino games, and online lottery games. The regulations vary by country, with some countries allowing all forms of online gambling, while others restrict certain types (i.e., Australia's ban on online casinos and interactive games). However, in general, the market is dominated by a few large operators who offer a wide range of online gambling services to customers around the world.
Structure:
Online betting involves placing bets on various sports events, such as football, basketball, and horse racing, while online casino games include a range of traditional casino games, such as poker, blackjack, and roulette, that can be played over the internet. Online lottery games involve purchasing tickets for various lotteries, such as national and international lotteries, over the internet.Additional Information
Data includes revenue figures in Gross Gambling Revenue (GGR), which is the total amount of bets placed by customers minus the amount paid out in winnings, Users, average revenue per user (ARPU), user penetration rate, and online and offline shares of the total gambling market. User and revenue figures represent B2C services.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
The Online Gambling market in France has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances.
Customer preferences: French consumers have shown a growing interest in online gambling, with a significant shift towards digital platforms. This can be attributed to the convenience and accessibility offered by online gambling websites and mobile applications. Additionally, the younger generation, who are more tech-savvy, are increasingly engaging in online gambling activities.
Trends in the market: One of the key trends in the French online gambling market is the increasing popularity of sports betting. With a strong sports culture and a passionate fan base, French consumers are drawn to the excitement and potential rewards of betting on their favorite sports events. This trend is further fueled by the availability of live streaming and real-time updates, enhancing the overall betting experience. Another trend in the market is the rise of online casino games. French consumers are showing a growing interest in virtual slot machines, poker, and other casino games, as they offer a realistic and immersive gaming experience. The availability of a wide range of games and attractive bonuses and promotions also contribute to the popularity of online casinos.
Local special circumstances: The French online gambling market is heavily regulated, with strict laws and regulations in place to ensure consumer protection and prevent illegal activities. The regulatory framework provides a sense of security for consumers, increasing their trust and confidence in online gambling platforms. This has played a crucial role in the growth of the market, as consumers feel more comfortable engaging in online gambling activities.
Underlying macroeconomic factors: The overall growth of the French economy has also contributed to the development of the online gambling market. As disposable incomes increase, consumers have more discretionary spending power, which they are willing to allocate towards leisure activities such as online gambling. Additionally, the proliferation of smartphones and the widespread availability of high-speed internet have made online gambling more accessible to a larger segment of the population. In conclusion, the Online Gambling market in France is experiencing significant growth due to changing customer preferences, emerging trends, and local special circumstances. The increasing popularity of sports betting and online casino games, along with the strict regulatory framework and favorable macroeconomic factors, have created a conducive environment for the development of the market. As technology continues to advance and consumer behavior evolves, the online gambling market in France is expected to further expand in the coming years.
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights