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Strong Sports betting Results For French Online Market
Thursday July 24,2014 : SPORTS BETTING SAVES THE FRENCH ONLINE MARKET
Sports betting vertical the only one to deliver strong results in second quarter.
The situation for French online poker may be dire but the nation's online sports betting vertical - boosted by the World Cup football in Brazil - delivered strong results in the second quarter 2014, with regulator ARJEL reporting:
* Wagers up 44 percent y-o-y at Euro 286 million;
* Gross profit up 64 percent at Euro 59 million;
* Substantial World Cup football action which drove football wagers up 76 percent y-o-y.
* Wagering on basketball, rugby and volleyball up 30 percent, 14 percent and 75 percent respectively;
* H1-2014 wagers up 34 percent to Euro 540 million;
* For the first time since legalisation, online sports betting was higher than pari-mutuel racing, which delivered Euro 255 million in wagers, 7 percent down on a quarterly y-o-y basis;
* Outstanding results from World Cup live betting which came in at Euro 109 million - up 26 percent on the 2010 soccer spectacular and providing gross profits of Euro 31.2 million.
* Française des jeux, recorded a 30 percent improvement on World Cup wagers since 2010 through retail and online subsidiaries, with over 45 percent of its action coming though mobile devices. Betclic reported a similar breakthrough, with 53 percent of its wagers made through mobile channels, 25 percent on live bets;
* PMU said the World Cup had generated an extra Euro 1.2 million in wagers for it, and new punter sign-ups totalling 60,000;
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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