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French Gambling Market Consolidation

Only 22 operators remain from 35 listed end 2011
Latest figures from the French online gambling authority ARJEL covering the year ending December 31, 2012 confirm consolidation within the French market compared to the previous year attributed to a tough economic climate and a stringent tax regime.
ARJEL reported the award of only two new licences and the repeal of 17 others (7 sportsbetting, 1 horserace betting and 9 poker) over 2012.  Two other licencees were authorised to extend their offering to include fixed sports betting, however, the market had shrunk from 35 operators as at end December 2011 to 22 at end December 2012.
Other stats include:
-   Total player account deposits amounted to Euro 988 million (2011: Euro 1.06 Billion) and Euro 435 million was withdrawn (2011: Euro 457 million).
-   Active sportsbetting player accounts have grown 9 percent from 705 000 in 2011 to 765 000 in 2012.
-   Sportsbets placed grew 19 percent to Euro 705 million (2011: Euro 592 million).
-   Gross gaming revenues also grew 19 percent to Euro 138 million (2011: Euro 115 million)
-   Player rate of return (excluding bonuses) was down 1 percent to 80 percent in 2012.
-   59 percent of the sportsbetting market was attributed to football betting, followed by tennis at 19 percent and basketball at 8 percent.
Online Horserace Betting:
-   Active player accounts showed a marginal increase of 1 percent to 509 000 from 502 000 in 2011.
-   Bets staked in 2012 amounted to Euro 1,124 million (2011: Euro 1,034 million), an increase of 9 percent
-   Gross gaming revenues rose 8.5 percent to Euro 263 million (2011: Euro 243 million)
-   Player rate of return (excluding bonuses) rose 1 percent to 77 percent in 2012.
Online Poker:
-   Active player accounts amounted to 1 717 000 (2011: 1 686 000), up 2 percent.
-   Cash game stakes amounted to Euro 6,182 million (2011: 6,534 million), down 5 percent
-   Tournament admissions rose 21 percent from Euro 1,159 million in 2011 to Euro 1,397 million.
-   Gross gaming revenue showed a decline of 5 percent from Euro 314 million in 2011 to Euro 297 million in 2012.
-   Player rate of return was static at 96 percent.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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