Based in France and want to play casino games with crypto? Check out our FR crypto gambling guide and claim huge welcome bonuses.
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France is the homeland of several of the most popular games of chance. The French have always been avid gamblers. That is why nowadays, many gambling games are permitted in the country.
However, the state has recognized the addictive nature of gambling activities. That is why the French legislature imposes very strict measures to limit such negative effects. The law requires casinos to undergo extremely rigorous licensing procedures and observe strict regulations to keep their licenses. In addition, they have to pay very high taxes. The latter has compelled quite a few gambling operators to leave the casino scene despite being granted licenses by the government.
Nonetheless, France still boasts many viable gambling establishments. At present, there are about 200 land-based casinos and approximately 20 bingo halls in the country.
Three state authorities regulate gambling activities in France. These are Francaise des Jeux, ARJEL, and Pari Mutuel Urbain. Each one is responsible for a separate domain. Francaise des Jeux governs lotteries and sports betting. ARJEL awards licenses to online casino and gambling service operators. Pari Mutuel Urbain’s primary domain is horserace betting. With so much state regulation activity going on, we can safely conclude that both players and casino businesses in France are well protected.
Cryptocurrencies are widely available in France. The local legal framework is way better regulated than in other advanced countries across the world. Interestingly enough, France’s first encounter with digital assets came as a part of a financial fraud scheme. This led the state to put cryptocurrencies under severe scrutiny.
The situation was exacerbated during the Bitcoin bubble of late 2013. That was the turning point when the French government decided to take decisive steps to regulate the market. As early as January 2014, the country’s banking and insurance regulatory body called the Prudential Supervision and Resolution Authority (ACPR) came out with the decision to regulate all cryptocurrency providers.
Things went smoothly for a couple of years until in 2017, the world saw another bubble bursting – that of ICOs. The state carried on extensive discussions and decided to create a separate framework to regulate ICOs. This was a historical move as – until then – most legislatures placed them within existing regulations.
Nowadays, crypto is readily available and widely used in France. You can buy digital assets using numerous ATMs or any of the popular crypto exchanges. French legislature treats cryptocurrencies as moveable assets. You will not have to pay tax on the following occasions: buying crypto, exchanging crypto for crypto, holding crypto, and moving crypto between your wallets. Tax is due only when you convert digital assets into fiat, acquire crypto through mining or any act of labor, or your total yearly gains from crypto exceed €305.
Gambling in France has a long and interesting history. The first historical data points as far back as the ancient tribes who inhabited the lands that now fall within the boundaries of the European state. Well until modern days, gambling was viewed as a fun activity to pass free time by both French noblemen and common people.
Despite being a predominantly innocent social distraction, however, gambling became associated with other vices. Avid players would go bankrupt, armed disputes would often arise, and many serious crimes would follow. The local Church, which oftentimes had the upper hand in state matters, would seriously frown upon games of chance. Trying to balance between people and the Church, the French government saw a clever opportunity. Regulating gambling activities would both protect players and bring significant income to the Treasury.
That is how, in 1539, the French monarch took a decisive step to regulate gambling. He decided to authorize a lottery called “blanque.” Unfortunately, this attempt failed due to political reasons. However, it strongly advanced the idea that games of chance needed to be regulated by the state.
The real gambling boom in France came with Napoleon. This legendary ruler was known for his passion for games of luck. He was also clever enough to understand the financial impact of regulating gambling activities as well as their importance as a socially-acceptable entertainment form in a country torn by political turmoil and constantly at war with its enemies. That is how he came up with the idea to enact a law in 1806 to legalize casinos in French SPA centers.
Throughout the years, gambling in France has gone a very long way with many unexpected twists. For instance, between 1969 and 1987, slot machines were forbidden in the country.
Nowadays, France is one of the states with the most-developed gambling legislation. The reason is that the government is adamant about protecting players from the potentially addictive nature of casino games and preventing wagering-related criminal activities.
The legal gambling age in France is 18. Land-based casinos are allowed. The country’s capital, Paris, boasts eight spectacular brick-and-mortar casinos. France legalized online gambling back in 2010. However, French-licensed online operators are severely regulated. For instance, they are not allowed to offer games like online slot machines and roulette. The latter is a very curious fact since historians claim roulette was invented in France.
The French adore sports. That is why it is not surprising that sports betting tops the list of local players’ favorite games. Football is by far the most favored sport in France. No surprises here, too. After all, have you watched the French play football? They have some amazing clubs and an awesome national team that has won both the World and the European Cup.
Other popular sports to bet on in France include tennis, basketball, rugby, and horse racing. In addition to real-life sports, the younger generations of French players also like to gamble on e-sports.
In terms of table games, the French are keen on blackjack. Historical data connect the origins of this world-famous card game to France, so this inclination seems natural. Poker has also become very popular across the country in the past couple of centuries. You can now enjoy a variety of exclusive, high-roller poker rooms in French casinos.
Slot machines and roulette are also present in the country but only in land-based casinos. French online gambling casino sites are not allowed to offer them. Despite this fact, quite a few offshore Internet casinos have found a way to circumvent the state regulations regarding these two games.
Lotteries, scratch cards, and bingo are also common wagering formats in France. They are easily accessible, and, at present, the country is home to 20 first-class bingo halls.
Being avid gamblers, the French are always on the lookout for good bonuses. Local operators recognize this fact and offer many generous promotions. It is not uncommon to find huge cash bonuses and free bets at both land-based and online casinos.
Some operators go the extra mile to offer no deposit bonuses and deals with no wagering requirements. Loyal players also get to participate in VIP programs full of perks like higher withdrawal limits, personal account managers, free tickets to exclusive events, birthday gifts, free merchandise, and more. In addition, French players are very competitive, so casinos often give them the chance to participate in tournaments with huge prizes.
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