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Outstanding returns from sports betting In France
Tuesday November 4,2014 : SPORTS BETTING THE FRENCH MARKET'S SAVIOUR
Regulator's third quarter numbers show remarkable rise in sports betting GGR.
Reporting on the third quarter performance of the local gambling industry this week, France's gambling regulator ARJEL highlighted the outstanding returns from sports betting, which reported GGR up by a remarkable 94 percent to Euro 60 million (Q3-2013: Euro 31 million).
The boost came mainly from the World Cup football in Brazil, where French gambling firms attracted Euro 47 million in wagers.
French punters increased their wagering by 34 percent to Euro 245 million on sports (Q3-2013: Euro 182 million) with football the most popular attraction, pulling in 63 percent of the action, and tennis the next popular at 24 percent.
Horse racing continued to struggle, with a drop of 7 percent in GGR to Euro 238 million, and revenue remaining flat.
Online poker continued to reel from the negative affects of high taxation and a restricted market, dropping another 2 percent to Euro 57 million, with the only positive spot tournament activity, which rose marginally to Euro 354 million (Q3-2013: Euro 352 million). Cash game action declined Euro 59 million to Euro 1.040 billion).
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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