French Online Gaming Results for Second Quarter Released
French online gambling regulator ARJEL has recently issued a marketing report regarding the internet gambling industry for the second quarter of 2014. Gaming software providers and online gaming sites operators should know that the results for this quarter of the year are similar to the ones of the second quarter, but several sectors, such as online poker, have decreased more than others.
Fortunately for online operators and gaming software providers, France’s online sports betting gross gaming profits increased by a whopping 64 percent, while betting stakes grew 44 percent. Experts said that this happened due to the 2014 World Cup, taking into consideration that solely bets on football increased by 76 percent compared to the same period of time of 2013. More than that, sports betting on volleyball, basketball or rugby also grew considerably this year.
ARJEL revealed that online sports betting generated more revenue than horse racing for the first time since 2010. Thus, gaming software providers and online sports betting operators were able to rake in significant revenue due to the major football event. French online operators revealed that they have seen increases in stakes of more than 100 percent for the first half of this year.
When it comes to online poker, it has been revealed that 238,000 player accounts per week were active during the analyzed period of time. Compared to the first quarter of 2014, a decline of 13 percent was recorded. Stakes on online poker were also down 17 percent during the second quarter of the year.
Experts believe that one of the causes why gaming software providers and online poker operators’ revenue was down was the fact that the French government did not accept to share poker player pools with Spain and Italy.
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