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Growth For French Online Gambling Market

Tuesday May 10,2016 : FRENCH ONLINE GAMBLING MARKET IMPROVES
 
First quarter shows both growth and higher wagering, with sports betting the star.
 
Online gambling investors and operators in France will be encouraged by positive first quarter industry results released Monday by regulator ARJEL.
 
The figures show that sports betting remains the principal contributor to the market with impressive gains compared to Q1-2015 in both growth and the amount wagered.
 
The regulator commented that an increase in betting returns to players probably boosted the action, encouraging players to re-bet winnings, along with a 75 percent rise in the number of bonus offers and a welcome 34 percent increase in new active punters.
 
Highlights of the report included:
 
* Online sports turnover up 47 percent year-on-year at Euro 516 million;
 
* Online sports betting revenue up 30 percent at Euro 82 million;
 
* Improvement noted across most sports, with football bets rising 45 percent, tennis 46 percent, basketball 57 percent, hockey over 100 percent and rugby 71 percent compared with Q1-2015;
 
* Horse racing continued to struggle, with handle dipping 7 percent y-o-y at Euro 247 million and revenues lower by 5 percent at Euro 66 million despite a marginal increase in active gamblers;
 
* Online poker provided a welcome surprise, with overall revenues up 2 percent at Euro 62 million - the first upward movement since 2011 and attributed to higher tournament fees. Cash game stakes in the ring-fenced and highly taxed market failed to follow suit, however and were down 7 percent at Euro 953 million as the number of cash game players declined. The gains were at the expense of lower bonuses for poker fans, but active player counts overall grew 4.4 percent anyway to around 257,000;
 
* Over half of online sports bets were made using mobile devices, and poker-by-mobile showed a similar upward trend, rising to 47 percent in Q1-2016 - it highest contribution to date. Horse racing punters were slower to follow the mobile channel trend, with contribution up a mere two points at just 36 percent.



Gambling News :

MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

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