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Depressing Numbers For French Online Poker

Thursday July 24,2014 : FRENCH ONLINE POKER CONTINUES TO STRUGGLE
 
Q2 and half-year numbers make depressing reading.
 
French online poker continues to struggle, according to the Q2-2014 and half-year numbers from regulator ARJEL showing a continued 17 percent quarterly decline in cash games, and an 18 percent drop in cash game revenues over the first six months of 2014 when compared with last year.
 
Over the second quarter, revenues totalled Euro 1,048 million (Q2-2013 Euro 1,266 million) with the total number of players down by 21 percent.
 
On the positive side, tournament action was up 6 percent year-on-year, although the number of players fell by 13 percent.
 
Quarterly tournament revenues at Euro 363 million now reflect the move away from cash games and comprise 35 percent of all quarterly revenues...well up on the 18 percent recorded back in 2011.
 
Operators blame the heavy tax burden imposed by France, along with the ring-fenced player base.
 
Overall GGR from gambling operations declined 9 percent to Euro 57.5 million (Q2-2013 Euro 63 million).
 
In related news, the poker information site Poker News Report published the results of its Pokerscout research on the French, Italian and Spanish online poker markets and the adverse impact of taxation and the lack of player liquidity, noting that traffic on each of the leading European poker sites is in steep decline:
 
• PokerStars.it – 6 month trend down 33 percent
• iPoker.it – 6 month trend down 40 percent
• Winamax.fr – 6 month trend down 31 percent
• PokerStars.fr – 6 month trend down 28 percent
• PokerStars.es – 6 month trend down 40 percent
• 888Poker.es – 6 month trend down 25 percent
 
PNR reminds readers that a survey of Spanish players conducted earlier this year revealed that 40 percent now play at sites unlicensed in their countries, and the fact that a number of reputable and safe operators have found the tax and ROI associated with these markets too onerous to remain in them.



Gambling News :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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