Online poker still suffering in France, sports betting continues upward trend

Trends for France’s igaming verticals were confirmed on Tuesday when the country’s online gaming regulator ARJEL revealed that fourth quarter stakes for online poker cash games dropped 23% to €1.2bn, with gross gaming revenues down 12% during the final months of 2013 to €65m.

Annual figures showed gross gaming revenues and stakes for online poker cash games had dropped 13% and 18% to €258m and €5.5bn respectively during 2013. Stakes for tournaments were up 5% to €1.4bn, although this was not enough to make up for the drop in cash game figures.

France’s online gaming operators generated €325m in tax revenues, excluding VAT, ARJEL said.

Sports betting continued its upward trend, with a 41% rise in stakes to €264m and a 38% rise in gross win to €54m during the three month period. Over the 12-month period, stakes rose 20% to €848m and gross win was up 19% to €164m, helped by football’s popularity, stakes on the beautiful game were up 39% in 2013. Basketball and tennis also proved attractive to punters as stakes on those sports rose 36% and 25% during the year.

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TOP 10 SPORTS BETTING STORIES OF 2013

from Lee Davy

Sport and gambling go together like turkey and stuffing, and 2013 was another wonderful year for the sports betting sector, particularly in the European market.

1. Football Match Fixing Controversy

2. UK Football Stars Breaching Sports Betting Rules

3. Football Sponsorship

4. Ladbrokes Betting Exchange

5. Betfair and Paddy Power Cash Out

6. Mobile Sports Betting Has a Growth Spurt

7. The Good Old Fashioned UK Bookie Still Rules

8. The Papal Elections

9. The Germans Stuttering Sports Betting License Debacle

10. Turnover Tax is Killing the Italian Sports Betting Market

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