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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 :

Leap Gaming Partners With Pala Interactive - Israeli-based developer Leap Gaming has clinched its second deal in a week, this with Pala Interactive for the integration of its virtual sports turnkey product to Pala’s white-label social gaming platform.

Sportech Racing Partners With Macau Jockey Club - Sportech Racing and Digital has partnered Macau Jockey Club (MJC) for the provision of a white-label digital pari-mutuel betting platform and other retail solutions.

Bla Bla Bla Studios - Under the terms of the deal Bla Bla Bla Studios will develop and distribute exclusive gaming content for integration into the Quickfire platform.

Betser Powered By SBTech - #Betser is inspired by fantasy football, private betting leagues and social betting. The offer includes a twin-track loyalty scheme devised by Malta-based Hero Gaming, who operate Casino Heroes.

EveryMatrix has appointed Glen Bullen as Sales Manager - Bullen assumes responsibility for the entire casino sales operation, particularly focusing on growing distribution of the newly-updated and expanded CasinoEngine platform into Tier One operators.

Freemasons Fortune Slot Launches - Booming Games has launched Freemasons Fortune, a new 3-reel, nine-payline game inspired by the enigmatic Freemasons fraternal order.

Hollywood Classic Slots launches - Penn Interactive has launched Hollywood Classic Slots, a social casino game developed in collaboration with its recently acquired social gaming company Rocket Games.

Pagcor relents on 20 venues - In an announcement to the local stock exchange Monday, the company revealed that 20 of its 36 e-bingo revocations have been lifted, enabling operations to continue.

Kama Games Selects Unity - #Unity The Ireland-based Kama Games mobile social games developer has announced its commitment to using the Unity games creation platform, having completed the conversion of the last of its titles from iOS and Android native apps to Unity 5.

Novomatic Slot Competition - #Novomatic The Americas division of online and land gambling games and equipment supplier Novomatic is briefing delegates to the G2E show in Las Vegas on its new slot concept, which gives players an opportunity to win prizes on national television.

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