French Online Gambling Market Continued To Battle In 2013

FRENCH ONLINE GAMBLING MARKET CONTINUED TO BATTLE IN 2013

15th January, 2014 at 03:23:40
Source: http://www.azonlinecasinos.com

Full year report by regulator ARJEL offers little cheer for operators.

Whilst online sports betting flourished in France last year, other forms of online gambling did not fare so well, reports regulator ARJEL.

Overall online poker GGR fell 13% to Euro 258 million, with cash games bringing in wagering of Euro 5.5 billion (down 18% on 2012) and tournament punters betting Euro 1.4 billion (up 5% on 2012).

Online stakes in horse racing dipped 1% to Euro 1.1 billion, although revenues were up 0.4% to Euro 264 million as pay-out ratios trimmed to 78.2 percent.

Sports betting was the bright spot in the statistics, with wagering up an impressive 20% at Euro 848 million, and revenue similarly up 19% to Euro 164 million. Top wager generators were, in order, football, basketball and tennis.

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