France fines eight sportsbooks for breaching the 85% payout cap
The ANJ fined eight operators for paying out more than 85% of stakes during the 2022 World Cup. Les Echos reported €150,000 each for Betclic and Winamax and €15,000 for PMU.
What happened
France’s gambling regulator, the Autorité nationale des jeux (ANJ), fined eight online sportsbooks for exceeding the legal maximum payout ratio of 85% of stakes during 2022, when betting peaked with the World Cup in Qatar.
The details
Payout ratios ranged from 85.1% to 90.3%. Les Echos reported fines of €150,000 for Betclic, €150,000 for Winamax, €100,000 for Unibet, €15,000 for PMU and €10,000 for NetBet; the other three operators were not named. Operators said heavy wagering made it hard to stay within the limit.
What it means
The ANJ said the size of each fine reflected how far the ratio was exceeded, the operator’s importance in the market and any previous sanctions. The cap is why odds at French sportsbooks tend to be lower than elsewhere.
Key facts
| Fines | €5,000 to €150,000, eight operators |
|---|---|
| Betclic / Winamax | €150,000 each (reported) |
| PMU | €15,000 (reported) |
| Market | France · regulator: Autorité nationale des jeux (ANJ) |
| Published | November 27, 2024 |
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