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Arjel Q3-2015 Report
Tuesday November 3,2015 : ANOTHER LACKLUSTRE QUARTER FOR FRENCH INTERNET GAMBLING
Limited player pools, high taxation and restricted betting options continue to weigh on the market.
The latest quarterly results from the French online gambling regulator ARJEL show a persistent pattern of weakness, with sportsbetting the only vertical making any real impact with a year-on-year rise of 3 percent to Euro 62 million, thanks to a 5 percent increase in punters to 165,000.
Horse racing remained popular, with a year-on-year gain of 5 percent to Euro 60.1 million on flat turnover of Euro 238 million.
National online gambling revenue in Q3-2015 was down 0.3 percent y-o-y at Euro 176.1 million, with online poker the worst performer, declining 5 percent to Euro 54 million...it could have been worse but for the 21 percent improvement in tournament activity....but cash game wagering dived 20 percent.
ARJEL chief Charles Coppolani tried unsuccessfully to put a positive spin on the now five-year-old online gambling market in his country, saying that goals had been partially achieved, but conceding that "everything didn’t go exactly as planned,” and that the market was not as competitive as had originally been hoped, and that online poker was an area for concern.
He said he was optimistic that more poker variants would be permitted by the end of 2015 but did not indicate what these may be, and confirmed that international player sharing pools remain a possibility at some future stage, political approval permitting.
Coppolani opined that at least some of the 17 remaining licensed operators in France were "achieving balance or are about to."
The regulatory chief recently bemoaned the fact that his recommendations for improving things in France had not been taken up as promised by national politicians debating the construction of the country's new digital bill
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Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
ASA Looking at Ladbrokes and Netbet ads -
A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.
Betconstruct In Deal With Realistic Games -
BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.
XLMedia Half 1 2016 Earnings Report -
Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.
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