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France witnesses growth in online poker

Published

7 years ago

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France witnesses growth in online poker
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French gambling regulator ARJEL has published its second quarterly report of the year, which reveals that online poker is growing in the country. The poker operators have posted growth in revenues for the sixth consecutive quarter.

This is good news for the sector, which was previously considered miserable, after the number of licensed operators has decreased to just five from 22 in the first four years of regulation. The five existing operators are

  • Winamax
  • PokerStars France
  • PartyPoker France
  • Bwin France
  • PMU France

It must be remembered that France is one of the countries that have the highest tax rates for poker proceeds.

ARJEL reports that in the first half of 2018, online poker revenues came in at €129 million ($150 million), up 6 per cent on 2017. Cash game revenue increased by 14 per cent and tournament revenue rose by 12 per cent.

Both Q1 and Q2 revenues from poker were the highest since 2013.

 

Source: onlinepokerreport.com

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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