Industry News

France’s Gambling Revenue Increases in Q3 2019

Published

5 years ago

November 18, 2019

Niji Narayan

French Parliament Approves Gambling Bill

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Gambling in France has experienced an impressive Q3 2019, as total revenue rose 27.7% year-on-year to €346 million.

Sports betting was the most important vertical in Q3 2019, as handle increased 9% to €1.08 billion in the three-month period. Revenue from sports betting totalled €214 million, a 43.6% increase from the previous year. Half of the betting handle came from football, which brought in €553 million, although the figure is a 12% year-on-year setback.

Poker was another segment with good figures in Q3 2019. The modality posted its second consecutive quarter of increase and revenue was €21 million. ARJEL said that tournament rake rose to €45 million during that period.

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Niji Narayan

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.