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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 :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
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.
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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