Sports Betting The French Market's Saviour

SPORTS BETTING THE FRENCH MARKET'S SAVIOUR

04th November, 2014 at 03:25:40
Source: http://www.azonlinecasinos.com

Regulator's third quarter numbers show remarkable rise in sports betting GGR.

Reporting on the third quarter performance of the local gambling industry this week, France's gambling regulator ARJEL highlighted the outstanding returns from sports betting, which reported GGR up by a remarkable 94% to Euro 60 million (Q3-2013: Euro 31 million).

The boost came mainly from the World Cup football in Brazil, where French gambling firms attracted Euro 47 million in wagers.

French punters increased their wagering by 34% to Euro 245 million on sports (Q3-2013: Euro 182 million) with football the most popular attraction, pulling in 63% of the action, and tennis the next popular at 24 percent.

Horse racing continued to struggle, with a drop of 7% in GGR to Euro 238 million, and revenue remaining flat.

Online poker continued to reel from the negative affects of high taxation and a restricted market, dropping another 2% to Euro 57 million, with the only positive spot tournament activity, which rose marginally to Euro 354 million (Q3-2013: Euro 352 million). Cash game action declined Euro 59 million to Euro 1.040 billion).

Related News Tags: ,



« News index »



CODERE CHOOSES EVOLUTION GAMING FOR MEXICAN MARKET

21st March, 2017 at 23:23:12
Live casino provider expands into LatAm market.

EGT INTERACTIVE IN CONTENT SUPPLY DEAL WITH OEG

21st March, 2017 at 23:23:12
Busy month for Bulgarian online gaming provider.

BODOG SIGN LATAM SPORTS SPONSORSHIP

20th March, 2017 at 15:15:56
With American football club.

PARTOUCHE TAKE ON BETCONSTRUCT WHITE LABEL

06th March, 2017 at 19:34:18
French market an interesting prospect, says sportsbook provider.

CODERE LIVE IN MEXICO (Update)

28th February, 2017 at 14:43:34
Online sportsbetting via Codere.mx