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ARJEL REVIEWS ONLINE GAMING MARKET 2016
ARJEL REVIEWS ONLINE GAMING MARKET 2016
Sports betting the star performer, poker and horserace betting decline continues.
Sports betting proved to be the only star performer in the French market during 2016 delivering an impressive 45 percent increase in wagers but the poker market continues to dwindle and horse race betting stakes declined for the 15th consecutive quarter, representing, for the first time, less than half of the yield derived from sports betting.
The decline in horserace betting is attributed to two significant events, that of PMU’s separation of online and retail and stagnating active player accounts. Stakes decreased 9 percent to Euro 924 million, the lowest since the opening of the market in 2010. Gross gaming revenue was Euro 234 million, down 8 percent.
Poker gross gaming revenues declined 1 percent, a marginally slower rate than previous years. Tournament activity slowed, for the first time since launch, delivering a 5 percent increase in wagers while cash games declined 5 percent (for the 21st consecutive quarter) despite a flurry of activity in the last quarter which was attributed to the introduction of a new variant.
“The arrival of new variants on the cash game has undoubtedly created a positive dynamic on this segment of the game,” ARJEL said.
Sports betting wagers came in at Euro 2.1 billion in 2016, while gross gaming revenues amounted to Euro 349 million (up 29 percent). This strong performance is attributed to an increase in RRP, a 36 percent increase in active player accounts and the popularity of two major sporting events during the year.
In terms of marketing spend, operators spent Euro 194 million, 32 percent more than 2015 but in line with marketing spend levels in 2014. The increase is partly due to customer acquisition strategies during EUFA Euro 2016 and the Rio Olympics.
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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