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PMU Q3 2015 Results
Wednesday October 28,2015 : PMU DELIVERS LACKLUSTRE Q3 RESULTS
But says current business has picked up enabling it to remain on course to meet annual forecast.
French gaming firm Pari Mutuel Urbain (PMU) third quarter results have been hailed as better than expected even though a decline in gross gaming revenue and stakes were reported across most verticals.
Key performance highlights for the first nine months of its fiscal year include:
- Total wagers of Euro 7. 2 billion, down 2.2 percent.
- Total gross gaming revenue amounting to Euro 1.8 billion was 2.5 percent down on last year.
- Total horserace betting declined 2.2 percent to Euro 6.65 Billion, as did gross gaming revenue of Euro 1.7 billion by 2.2 percent.
- Sportsbetting stakes amounting to Euro 171.3 million were down 1.1 percent, while gross gaming revenue totalled Euro 30.7 million, down 15.9 percent. Gross gaming revenue was affected by favourable sports results for bettors.
- Poker stakes continued their decline to Euro 420 million, down by 2.4 percent. Gross gaming revenue amounted to Euro 10.7 million, down 3.8 percent.
PMU said its French business had experienced a marked upturn during the current trading period, both in terms of retail and online, enabling the company to maintain its forecast for a net profit of Euro 805 million in 2015.
3 Top Bitcoin Poker Sites -
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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