Compliance Updates

French Gambling Regulator Fines Seven Firms

Published

2 years ago

April 24, 2023

Niji Narayan

Reading Time: < 1 minute

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.

Up Next

Buzz Bingo Launches Online Casino Website Buzz Casino

Don't Miss

GamCare – New research: Multi-Operator Self Exclusion Schemes

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.