French Gambling Regulator Issues Warnings to Seven Online Sports Betting Operators

Sportsbooks exceeded return-to-player rate

by - Thursday, April 20th, 2023 12:40

ANJ French Gambling Regulator
French Gambling Regulator Issues Warnings to Seven Online Sports Betting Operators that an independent Sanctions Committee has warned seven online gambling operators for exceeding the return-to-player rate limit.

According to French gambling regulations, mobile sports betting operators are not allowed to redistribute more than 85% of stakes received to its customers. This prevents the distribution of excessive bonuses and promotions and has been linked to a reduction in problem gambling. The regulator also notes that the rate limit is also in place to prevent money laundering.

French Gambling Regulator Issues Warnings to Seven Online Sports Betting Operators French Gambling Regulator Issues Warnings to Seven Online Sports Betting Operators
Olivia Richardson
French Gambling Regulator Issues Warnings to Seven Online Sports Betting Operators
French Gambling Regulator Issues Warnings to Seven Online Sports Betting Operators