Unimpressive Second Quarter For French Online Gambling

UNIMPRESSIVE SECOND QUARTER FOR FRENCH ONLINE GAMBLING

22nd July, 2015 at 09:59:03
Source: http://www.azonlinecasinos.com

But sports betting again predominates.

Q2-2015 stats from the French regulator ARJEL were released this week, showcasing:

* Overall online wagering down 0.4% to Euro 1.945 billion;

* GGR down 0.1% to Euro 180.3 million;

* Deposits and revenue lower at 1% and 1.5 percent;

* Good performance from sports betting, which has replaced horse racing as the best performer;

* Q2-2015 sports betting stakes up 18% to Euro 338 million and sports betting revenue up 7% to Euro 63 million;

* Average weekly active accounts rose by 5% to 187,000;

* Horseracing turnover down 3% to Euro 248 million;

* Horseracing revenue down 3% to Euro 61 million - lower than that from sports betting for the first time in five years;

* Football continued to dominate sports betting with wagers up 5% to Euro 189.1 million;

* Tennis wagering was up an impressive 53% to Euro 87.6 million, the second biggest contributor to the sports betting vertical;

* In-play betting continued to feature prominently in both football and tennis, with live betting deposits accounting for 32% of football wagers and 61% for tennis.

* Mobile channels were again prominent, accounting for 47% of all sports betting, especially in the 18 to 34 year demographic.

* Online poker revenue slipping 2% overall to Euro 56.3 million, with tournament stakes up 16% to Euro 421 million, but cash games declining 10% to Euro 938 million;

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