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Revenues Double For France Pari
Friday August 1,2014 : FRANCE PARI DOUBLES REVENUES IN FIRST HALF.
World Cup helps boost growth at French online bookmaker.
French online bookmaker France Pari has reported on a half year that has seen revenues double, thanks to a boost from World Cup football betting and increases in mobile usage.
In H1-2014 revenues doubled to Euro 9 million compared with the same period last year, with the World Cup football competition in Brazil generating an additional Euro 1.2 million for the group, enabling it to achieve net income of Euro 190,000 on margins of 20.2 percent over the half-year.
Expanded usage of the France Pari mobile channels also assisted in building revenues, with an increase of 30 percent in mobile wagering posted.
France Pari's B2B business appears to have flourished as well, with income from royalties and licensing fees rising from Euro 250,000 in H1-2013 to Euro 500,000 this year as three new clients launched on the platform - Zeturf.fr and .it, and Eurotierce in Belgium.
Mobile B2B activity is also progressing well, with clients like Genybet and Netbet reporting improved performances, and Android apps about to launch in the second half of 2014.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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