France Regulator ARJEL Reports First Revenue Gain Since 2011 for Online Poker
Recent reports released on Monday by French Regulator ARJEL showed a gain in revenues with the France online poker market since 2011. The market as a whole experienced a significant gain, but poker earned a rare increase of 2% amounting to €62m. This gain comes from operators raising their tournament fees.
Speaking of tournament fees, these seen a 17% increase. Cash game stakes took a hit, a pretty good hit spiraling by 7%. Active weekly players rose by 4.4% to 257k despite the amount of bonus offers operators have been offering their players.
The revenues reported included online sports betting as well. Online sports betting climbed an astounding 47% to €516m. These totals were for the first three months of this year. Revenues earned by French licensed operators rose as well by 30%. The regulator reported that the gains seen by the sports betting market is due to betting returns to players being increased by 2.1 points.
More than half of sports bets were placed via mobile meaning mobile betting seems to have dominated the market.
Poker will continue to express gains now that French licensed sites were approved to share liquidity with other licensed operators in the European Union regulated markets.