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French Online Gambling Market Q2-2016

MIXED BAG IN FRENCH MARKET SECOND QUARTER RESULTS
 
Poker decline continues, largely impacted by drop in cash game vertical.
 
The French online gambling market delivered a mixed bag of second quarter results, for the three month period ending June 30, 2016, with sports betting predictably a star performer due to the UEFA Euro 2016 championship.
 
Sports betting stakes reached Euro 585 million, an all time high since the market’s opening in 2010 and a 73 percent increase.  Gross gaming revenue reached Euro 91 million, up 45 percent over Q2/2015 while player bonuses were up 122 percent to Euro 16.1 million.
 
Horse race betting fell at a significantly sharper pace than that experienced in the first quarter 2016 with regulatory body ARJEL reporting betting stakes down 12 percent to Euro 218 million (Q2/2015: Euro 248 million) and a 10 percent decline in GGR to Euro 55 million (Q2/2015: Euro 65 million).
 
The rate of Return to Player was 74.7 percent, the lowest recorded in this sector since the market opened in 2010 but bonusing rose 21 percent to Euro 7 million (Q2/2015: Euro 5.8 million).
 
The online poker vertical continued its previous trajectory delivering a decline in cash games but increased activity in the tournament sector albeit at a slower pace than in previous quarters.
 
Cash game wagers reached Euro 853 million, 9 percent down compared to Q2/2015.  Conversely tournament entry fees increased 7 percent to Euro 450 million (Q2/2015: Euro 421 million).  The increase in tournament entry fees failed to offset the decline in cash game activity as was seen in Q1/2016.
 
Gross gaming revenue for total online poker declined 2 percent to Euro 53 million (Q2/2015: Euro 56 million) and player bonusing dropping markedly by 22 percent to Euro 11.6 million.
 
ARJEL’s full market report (in French) can be accessed here:  http://www.arjel.fr/IMG/pdf/2016T2.pdf

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Gambling News :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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