Industry News
Increased player activity boosts France’s online gambling market

France’s regulated online gambling market saw first quarter revenue grow by 28 per cent year-on-year, driven predominantly by an increase in active players across all verticals.
Figures released at the beginning of this week by the French gaming regulator ARJEL show the countryâs licensed online sports betting operators handled wagers worth âŹ847m in the three months ending March 31, a 34% rise over the same period last year and a new record for online betting handle since the regulated market launched in 2010.
Online betting revenue fared even better, rising 55% year-on-year to âŹ147m â another quarterly record â thanks to favorable sporting results that pushed the return to players down 2.1 points to 85% (the minimum return allowed under French law). The average number of weekly active bettors surged 36% to 462.5k, enticed in part by operatorsâ bonus offers, which jumped 53% to âŹ19.6m.
Football wagers were up 34% year-on-year to âŹ465m, accounting for 55% of Q1âs total wagering handle. The presence of French football clubs in the Champions League and Europa League finals pushed wagering in these leagues up 47% and 73% year-on-year, respectively.
Tennis wagers grew 26% to âŹ163m for a 19% share of Q1âs overall handle, while basketball wagers jumped 53% to âŹ125m, representing a 15% share. Betting on National Basketball Association games accounted for âŹ80.6m, just âŹ500k less than the sum wagered on Ligue 1 football matches in Q1.
Only âŹ4.4m was wagered on the 2018 Winter Olympics, although this was more than double the âŹ2m wagered on the 2014 event. Nearly half (44%) of all Olympic wagers were live bets, despite the time disparity between the host nation South Korea. Regardless, the total paled in comparison to the âŹ34m wagered on the 2016 Summer Olympics, which also suffered from significant time-shifting.
Online horseracing wagers improved 9% to âŹ270m, marking the fourth consecutive quarter of year-on-year growth. The rise was aided by race betting bonus offers nearly doubling to âŹ8.1m, while weekly active race betting accounts rose 6% to 148k. Race betting revenue improved 8% to âŹ65m.
Franceâs once-struggling online poker market reported cash game spending jumping 18% to just over âŹ1.1b but cash game revenue slipped 2% to âŹ24.1m. Online poker tournament fees were up 14% to âŹ594m and tourney revenue gained 15% to âŹ44.8m.
Despite the cash games spending rise, cash games recorded a 1% decline in weekly average players to 79k. By contrast, weekly active tournament players rose 5% to 252k.
Women still make up a tiny fraction of Franceâs online gamblers, but their ranks are growing faster than their male counterparts. Weekly active female online gamblers improved 30% to 222k in Q1, while male actives were up 24% to 1.63m.
Source:Â calvinayre.com
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