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Turnover Down On French Online Poker Sites

Tuesday April 15,2014 : CASH GAME TRAFFIC PULLS FRENCH DEDICATED ONLINE POKER MARKET DOWN
 
Latest figures from the regulator show that operators lost around 10 percent of turnover.
 
The French online gambling regulator ARJEL's latest industry numbers show that declines in cash game traffic in the heavily taxed and ring-fenced online market contributed to the erosion in poker overall despite more positive indicators on the tournament play side.
 
The market has been fading for the past two to three years and shows little sign of recovery this year, with 2014 first quarter active player accounts down 12 percent compared to the same period in 2013...a downward slide that the regulator estimates has cost operators around 10 percent of turnover.
 
Poker Cash game wagering slipped by 19 percent in Q1 2014 - that's a deadly 28 percent decline over the past two years. Wagers on cash games came in at Euro 1.2 million in the quarter, well down from the Euro 1.476 million wagered during the first quarter of 2013.
 
On the bright side, tournament action saw a 9 percent growth, with total buy-ins up from Euro 375 million in Q1-2013 to Euro 407 million in Q1-2014.
 
The drag caused by the cash game decline prompted ARJEL to note that operators "....are experiencing considerable losses for yet another quarter," as turnover moved from Euro 72 million in Q1-2013 to Euro 65 million in the current quarter - a 10 percent downward slide.
 
The French active online poker player count underlines the decline; the total number of active players dropped from 299,000 in Q1-2013 to 263,000 in Q1-2014, representing a 12 percent downward shift.
 
It appears that high taxation and the continued resistance by French politicians to recognise the advantages of shared player pools with other nationally regulated European nations will likely see little improvement in the foreseeable future.



Gambling News :

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Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

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NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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