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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.
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Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
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Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
Cherry CEO Fredrik Burvall Steps down -
Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief executive officer of Betsson Malta
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