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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
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.
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