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French online poker cash games post biggest gains in six years

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French online poker cash games post biggest gains in six years
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France’s regulated online gambling market was firing on all cylinders in Q3, with poker posting its strongest growth in nearly six years.

 

Figures released Friday by French regulator ARJEL show locally licensed online gambling operators handled €549k worth of sports wagers in the three months ending September 30, a 23% rise over the same period last year, while betting revenue was also up 23% year-on-year to €106m.

The year-on-year gains are all the more impressive given that Q3 2016 included both the tail end of the UEFA Euro 2016 football tournament and the Summer Olympic Games in Rio. Weekly active player numbers shot up 26% to 301k, which helped push the quarterly betting revenue total above €100m for the second time this year.

Even without a major football tournament, the sport remains French bettors’ favorite activity, accounting for 60% of Q3 betting stakes. Second-ranked tennis was well back at 25%, while third-ranked basketball scored only 4%, despite basketball wagers rising 58% year-on-year.

Horseracing wagers enjoyed a rare double-digit gain, improving 15% year-on-year to €244m, while racing revenue improved 10% to €60m as weekly active race betting accounts improved 5% to 127k.

This marks the second consecutive quarter that racing stakes have improved, and the pace of growth in Q3 was significantly higher than Q2’s 9% growth. In fact, the vertical hasn’t shown such dramatic growth since the market liberalized in 2010.

ARJEL credited the gains to racing operators’ efforts to launch new simplified products to appeal to new bettors, while improving loyalty programs to retain existing bettors.

On the poker front, overall revenue rose 11% to €58m. After two straight quarters of cash game declines, cash game stakes shot up 8% to €885m, marking the biggest gains French cash games have enjoyed in six years. Cash game revenue improved 5% to €22.1m.

Tournament poker was equally buoyant, with fees rising 10% to €474m and revenue rising 14% to €35.7m. The French market hasn’t seen both poker verticals post simultaneous year-on-year gains since 2011.

Weekly active poker accounts rose 8% to 228k, reversing four straight quarters of decreasing player numbers. Cash games helped goose the numbers, with cash game actives up 12% to 68k, while tournament actives were up 9%. The gains came despite operators’ bonus expenditure falling 9% to €11.9m during Q3.

ARJEL is even more bullish about its rebounding poker market given that its licensed poker operators are still waiting on the starting gun for sharing poker liquidity with the regulated markets of Italy, Portugal and Spain.

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7-Eleven selects Jackpot.com as their official lottery partner

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Online Lottery Courier Service Jackpot.com Announces Exclusive Collaboration with 7-Eleven, Inc.

Jackpot.com will serve as the official lottery courier service of 7-Eleven, Inc., initially launching in Ohio and Massachusetts  

Jackpot.com – the online lottery courier service that allows consumers to purchase official state lottery tickets on their phone, tablet, or computer – announced today an exclusive collaboration with 7-Eleven Inc., the largest convenience store chain in the world, to serve as their official lottery courier service.

As part of the collaboration, 7-Eleven customers in Ohio and Massachusetts will be able to sign up and play lottery games and scratchers on the Jackpot.com app or website. The program will initially be launched in over 600 7-Eleven and Speedway stores in Ohio and Massachusetts, with a special launch promotion that gives 7-Eleven customers a free lottery ticket on their first deposit by using promo code, “7Eleven”.

“We’re thrilled to work with 7-Eleven, the leading retailer of lottery tickets in the country,” said Akshay Khanna, CEO and co-founder of Jackpot.com. “Leveraging our technology and innovation, we can provide additional convenience for their customers, while adding an additional source of revenue. A true win-win relationship for all.”

By launching in Ohio and Massachusetts in 2023 and 2024, respectively, Jackpot.com aims at adding another avenue for player convenience with one of the most widely recognized brands in the convenience-retailing space. With a presence in Ohio, the nation’s seventh-largest lottery market, and Massachusetts, whose state lottery produced $1.2 billion in net profit for the Commonwealth during the 2024 fiscal year, Jackpot.com’s collaboration with 7-Eleven represents an added layer of accessibility for players.

Jackpot.com remains committed to responsible play and has significantly invested in protocols by allowing customers of legal age to set spend limits and limits on daily deposits, all while providing access to local and national responsible gambling resources, self-exclusion, self-suspension and automated notifications that offer help should problematic behavior be detected. Jackpot.com is also the only lottery courier service to launch with an iCap certification from the National Council on Problem Gambling.

To learn more, visit jackpot.com. First-time users can also download the official Jackpot.com Lottery App on the iOS or Android App Stores, where available.

 

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eSports

The World Esports Summit 2024 Is Here!

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The IESF World Esports Summit returns this December to Busan, South Korea. Hosted at the Busan Esports Arena (BRENA) from December 5-6, the Summit will bring together prominent figures from Esports, global brands, government officials, and sports executives for a deep dive into the current Esports trends, its rapid transformations, and future challenges.

This year’s theme, “Building Bridges, Not Barriers, Through the Power of Esports,” will highlight the role of Esports in uniting cultures, ideas, and industries. Under the slogan “We Empower Success,” the

Summit provides a great platform for Esports experts to engage in meaningful discussions and sessions, sharing their insights on trends and presenting forward-looking ideas for our industry.

The event, strategically timed at the close of the competitive season, presents a perfect environment for reflection on the year’s biggest events, industry shifts, and the next steps for Esports. Attendees can follow the expert’s perspectives on topics like:

  • (R)Evolution in Esports
  • East Meets West
  • Esports Integrity: The Role of Referees
  • The Rise of International Esports Competitions
  • (In Korean) Korea’s Secret Sauce etc.

Also, featured at this year’s event are the IESF World Esports Training Camp and the World Esports Referee Academy.

These are very important IESF programs that are aimed at advancing the skills and professional standards of the next generation of Esports leaders.

Join us in Busan for two days designed to inspire, connect, and empower the international Esports community.

Registration for the World Esports Summit is free and open to all interested attendees.

To register, please complete our online registration form: iesf.formstack.com/forms/wes2024_participation_registration

See you in Busan!

 

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eSports

Akhil Sarin CMO at Easygo named as key note at ICE Esports Conference

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Clarion Gaming has confirmed that Akhil Sarin CMO at Easygo, the technology powerhouse behind the success of global brands Stake and Kick will headline the Esports & Games Conference (EGC) taking place on 21 January as part of the ICE Barcelona experience.

As a key member of the executive team, Akhil Sarin has been instrumental in securing the high-profile partnerships that have accelerated Stake’s growth, including the Stake F1 team, UFC, Drake, and Premier League Everton FC.

Through these strategic alliances he has amplified Stake’s brand presence at the same time as creating unique, immersive player experiences, in the process setting new industry benchmarks.

Announcing the high profile speaker Will Harding, Head of Esports at Clarion Gaming said: “Securing Akhil Sarin as EGC  key note at ICE Barcelona represents a remarkable opportunity for our attendees to gain invaluable insight into cutting-edge strategies in digital and influencer marketing .

“Akhil’s expertise with Stake and Kick.com embodies the forward-thinking, innovative approach that defines the digital marketing landscapes. His participation underscores the calibre of knowledge-sharing that we are  committed to delivering at ICE and he is sure to both inspire our attendees and elevate their strategic perspective.” 

Looking ahead to ICE Barcelona, Akhil Sarin stated:  “Collaborating with Clarion Gaming at ICE Barcelona is an exciting opportunity to showcase Stake’s journey and continued focus on bold partnerships and creative marketing strategies that resonate with audiences.”

He added “The EGC is a vital platform for exchanging transformative ideas and shaping the future of gaming and entertainment. I look forward to discussing Stake’s vision and collaborating with industry leaders to inspire growth and innovation across the sector.”

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