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French Gambling Regulator Fines Seven Firms
The French gambling regulator l’Autorité Nationale des Jeux (ANJ) has issued warnings and financial penalties against seven online sports betting operators for passing France’s mandatory player return rate (TRJ in French) ceiling.
Investigating the operators’ activities in 2021, it found that they had breached rules that prohibit them from redistributing more than 85% of a player’s stake following customer engagement. The regulator sent the cases to its Sanctions Committee, which agreed that the operators had breached their licence conditions.
The Sanctions Committee decided not to accompany the warning and financial sanctions with publicity measures, and so the regulator has not named the operators involved.
France’s return rate limit is intended as a measure against money laundering and terrorist financing, while the ANJ says it also helps prevent problem gambling.
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