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French Gambling Market Generates Gross Gambling Revenue of €10.7B in 2021

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French gambling regulator l’Autorité Nationale des Jeux (ANJ) has revealed that gross gambling revenue (GGR) for the gambling sector hit €10.70bn in the country in 2021, a rise of 7% compared to Covid-hit 2020. However, this is still slightly lower than the sector’s performance in 2019, which was €11.10bn.

The two monopolies that hold exclusive rights in France – FDJ and PMU – plus the country’s land-based casinos, accounted for €8.60bn of this, 3.6% more than in 2020.

France’s lottery operator, La Française des Jeux (FDJ), took in wagers worth €18.9bn in 2021 – up by 18.9%. Scratchcard games accounted for €8.98bn of this, while draw games brought in stakes of €5.74bn. Sports bets came to €4.21bn. FDJ spent €414.7m on marketing in 2021, 25.7% more than in 2020.

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Pari Mutual Urbain (PMU), France’s horse racing monopoly, took in wagers of €6.0bn in 2021. This was an increase of 13.2% year-on-year. Online made up the remaining €2.2bn of the annual total, rising 29.4%. Of this online figure, €1.35bn came from sports betting – up 44.1%. Poker and horse race betting, at €429m and €375m respectively, accounted for the remainder of the total.

Land-based casinos, meanwhile, posted GGR of €1.08bn throughout 2021, falling 41%. This was due to casinos in France being closed between November 1 2020 and October 30 2021. Active player accounts hit an all-time high in 2021, at 5.4 million. This was a rise of 11.1% year-on-year. This consisted of 3.8 million unique players registered on online betting platforms, holding an average of 1.44 accounts each.

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1 Reddit Post = 1,120 FTDs — No Site, No Backlinks!

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The post 1 Reddit Post = 1,120 FTDs — No Site, No Backlinks! appeared first on European Gaming Industry News.

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DeepDive launches AI platform to strengthen Enhanced Due Diligence for gaming operators’ anti-money laundering efforts 

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DeepDive today announced the launch of a revolutionary AI platform for Anti-Money Laundering (AML) compliance teams that conduct Enhanced Due Diligence (EDD) and player investigations.

AML teams at gaming operators face an impossible trade-off, they can either conduct thorough investigations that take days, or fast investigations that may miss critical intelligence. On top of that they have to be able to assess source of funds on customers all over the world.  DeepDive combines multi-language web search and global regulatory compliance data checks to extend the reach of EDD. Compliance teams can now sift through the digital ocean of open-source data including public records, corporate filings, court documents, news archives, social media profiles and PEP, sanctions and watchlist data to build customer intelligence.

Using a unique combination of search tools, natural language processing, entity resolution and generative AI, DeepDive enables EDD research to go further and deeper, accessing more sources, in any language or alphabet.  Instead of analysts spending hours clicking through search results and manually cross-referencing information, DeepDive’s AI processes hundreds of sources simultaneously and presents EDD reports viewable by timeline, alert type or risk category. Analysts can then interrogate the body of knowledge with the built-in chatbot to get to the heart of the matter, helping them make more informed risk decisions.

The team behind DeepDive is staffed by industry veterans that have previously launched, scaled and exited several fraud investigation and KYC platforms.

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 “DeepDive addresses the pain points facing compliance teams such as time-intensive manual research, incomplete data, language barriers, false positives, and the challenge of processing vast amounts of information at scale,” said David Pope, COO at DeepDive.

“We’ve now completed a successful six-month beta with MLROs and outsourced EDD providers. DeepDive has helped them build deeper intelligence on high-risk customers from all over the world, in a fraction of the time.  Not only are we uncovering intelligence that the manual EDD approach misses, but with the time saved, gaming operators can extend EDD across a wider set of customer transactions.”

DeepDive strengthens EDD by creating multiple search permutations across publicly available data and targeted compliance databases in relevant languages and local search engines. After creating the most exhaustive possible dataset for analysis, entity resolution refines the data pool to remove false positives.  Multiple generative AI tools are then used to build a structured intelligence report with full citations to original sources and an audit trail.

The DeepDive report covers personal background, legal issues, financial integrity, compliance history, and key relationships, revealing financial insight, known associates, locations, company linkages, political connections, and criminal activity—all structured for immediate analysis.

The post DeepDive launches AI platform to strengthen Enhanced Due Diligence for gaming operators’ anti-money laundering efforts  appeared first on European Gaming Industry News.

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iRace Media extends partnership with The Hong Kong Jockey Club in Asia

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iRace Media has announced the renewal of its long-standing partnership with The Hong Kong Jockey Club (HKJC) ahead of the new season commencing on 7 September.

The partnership will ensure racing fans can continue to experience uninterrupted access to high-quality Hong Kong racing content across Singapore, Malaysia and the wider Asia region. iRace readers and customers will have access to expert guides, results, tips and trusted analysis from one of the world’s premier racing jurisdictions.

Scott Bailey, Commercial Manager, iRace Media says:

“Hong Kong is a benchmark for racing globally; it’s fast, competitive and deeply followed throughout Asia. iRace has collaborated with the Hong Kong Jockey Club for many years now to deliver a trusted experience for racing enthusiasts, and we are thrilled to build on the accuracy, depth and speed that fans have come to expect.”

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iRace Media’s extended partnership with the HKJC will explore new ways to enhance the racing experience through its digital platforms, offering real-time insights and driving fan engagement across the Asia region.

Get set for the new season by visiting the iRace website and register for free to access trusted editorial and data-driven racing coverage.

The post iRace Media extends partnership with The Hong Kong Jockey Club in Asia appeared first on European Gaming Industry News.

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