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REGULATION 60-second read

PSG finals drove France’s biggest bets in €11.5bn year

Published: 1 min read
An empty French stadium at dusk with floodlights on & rows of vacant seats.

ANJ says PSG’s Champions League & Club World Cup finals were the year’s top-stake matches, at €38.2m & €26.7m.

The hit

France’s gambling regulator ANJ says sports betting stakes grew 12% to €11.5bn in 2025, with no major tournament driving the rise. PSG’s Champions League & Club World Cup finals were the year’s top-stake matches, at €38.2m & €26.7m. In the first half of 2026, ANJ found excessive bettors account for more than 80% of wagers on competitions such as the Brazilian, Saudi Arabian, Japanese & Australian leagues.

Why it matters

For bettors, the finding on excessive risk gives ANJ grounds to push operators toward tighter player-protection rules, particularly around in-play markets & obscure leagues where heavy bettors dominate stakes. ANJ says the gap between stakes growth & GGR growth reflects a shift in margins, not punter behaviour.

The record

Sports betting stakes €11.5bn, up 12% (ANJ)
Gross gaming revenue €1.7bn, up 10.4% (ANJ)
Champions League stakes up 48.6% on 38% more matches (ANJ)
Excessive bettor share over 80% of stakes on Brazilian, Saudi, Japanese & Australian leagues (ANJ)
Capped RTP 84.67% in 2025 against an 85% cap (ANJ)

What happens next

ANJ monitors individual sportsbooks’ RTP separately from the market-wide figure, which could flag outlier operators.

Sources: French sports wagers hit €11.5bn on PSG effect

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