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Dismal picture For French Online Poker
Sunday May 10,2015 : ONLINE POKER STILL BATTLING IN FRANCE
Latest ARJEL numbers paint a dismal picture.
Q1-2015 stats from French regulator ARJEL continued to paint a disappointing picture of French online poker when released this week, reporting that average active weekly player numbers fell 6 percent to 246,000, down from a peak of 300,000 active players in 2011.
* Gross gaming revenue for online poker declined 7 percent to Euro 61 million;
* Cash game spend fell 15 percent to Euro 1 billion despite increases in fees on the tournament sector.
By contrast, sports betting online revenue was up 3 percent to Euro 190 million.
Increased poker player liquidity through pacts with other regulated poker markets in Europe such as Italy and Spain could be the solution, but this has yet to be achieved despite two years of discussions between regulators in the relevant nations.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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