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France’s Gambling Revenue Increases in Q3 2019

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5 years ago

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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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