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French licensed gambling operators lost $5M in 2015

FRENCH OPERATORS LOST EURO 5 MILLION LAST YEAR
 
Regulators numbers show that in general French licensed operators lost money, thanks to restrictive regulations, a ring-fenced market and high taxation.
 
Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
 
The figures show that collectively online operators lost Euro 5 million last year, with only horse racing delivering an operating surplus.
 
Even sports betting, usually a star punter attraction, generated unsatisfactory operating profits, with just five of the 11 licensed operators reporting profits, whilst only 2 of the 9 poker operators prospered.
 
From a cumulative perspective, French licensed operators have incurred operating losses of Euro 471 million since the market was liberalised six years ago; broken down as sports betting Euro 222 million, poker Euro 206 million; and racing Euro 43 million.
 
ARJEL has reiterated its three-pronged suggested solution:
 
* Consider a more benign tax regime;
 
* Allow operators to offer a more diverse (read casino gaming) online choice of gambling;
 
* Allow poker operators to pool their players with other regulated and like-minded nations.
 
The market potential, illustrated by punter interest, is clearly present. ARJELs 2015 numbers show that:
 
*  Sports betting turnover was up 30 percent y-o-y at Euro 1.44 billion, with H1-2016 turnover already up 60 percent at Euro 1.1 billion;
 
* Sports revenue of Euro 270 million last year - up 19 percent.
 
However, online poker is in difficulties, with turnover declining 4 percent last year to Euro 232 million, and cash game spend down 14 percent at Euro 101 million. Tournament stakes show a somewhat brighter picture - up 14 percent at Euro 131 million.
 
Worryingly, player numbers are shrinking, too - in 2015 active player numbers sank almost 4.5 percent to 235,000 in the ring-fenced market.
 
In 2015 the online horse racing vertical suffered its worst year since regulation, with both turnover and revenue slipping for the third consecutive year.
 
Turnover declined 2 percent y-o-y to Euro 1 billion, although revenue remained relatively steady compared to the previous year at Euro 254 million. So far this year the portents for the vertical are not good - wagering has declined by 10 percent in H1-2016.
 
Overall, mobile betting is apparently becoming more popular with French punters, with 53 percent of sports wagers delivered from the mobile channel last year; 46 percent of the poker action, and 36 percent of racing stakes.
 
The French online gambling market at the end of 2015 comprised 16 operators with 29 licenses for sports betting (11), poker (10) and racing (8).



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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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