French regulator ARJEL has announced that the regulated online gambling market in France generated €325 million of tax revenue for the state in 2013.
The total figure, which excluded VAT, represented a slight decrease on the 2012 total of €327 million.
Sportsbetting generated €79 million of the total, with €86 million generated by online poker and €160 million by horse racing pari mutuel (tote).
The total amount placed on sportsbetting increased year-on-year by a record 41% to €264 million in the three months until the end of December 2013 in comparison with an average 20% increase across the whole year.
However, the increase in sportsbetting was offset by a big fall in online poker, with cash game bets down by 23% to €1.214 billion in the quarter and 18% for the whole of 2013 to €5.055 billion.
Horse racing pari mutuel (tote) betting decreased by 6% in the quarter to €278 million, bringing the total for the year to €1.111 billion, a 1% drop on the previous year.
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.