French online gaming market records improved third-quarter results

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The online gaming market in France reportedly showed solid growth over the three months to the end of September aided by a 23% year-on-year increase in aggregated revenues from sportsbetting alongside an 11% swell in total poker takings.

The figures come from an update compiled by the Autorite de Regulation des Jeux En Ligne (ARJEL) (pdf) and additionally showed that aggregated third-quarter French online gaming revenues had grown by 23% year-on-year to reach $639 million.

The figures from ARJEL reportedly indicated that aggregated online sportsbetting earnings for the three-month period reached $125 million as wagering on soccer remained the most popular after accounting for some 60% of all bets. Horseracing was purportedly the second most common sport on which to wager with operators having processed some $284 million in bets to earn 15% more year-on-year at $70 million.

In releasing the online sportsbetting results, ARJEL reportedly declared that there had been nearly 301,000 active player accounts during the third quarter, which represented an almost 26% boost when compared to the 239,000 recorded for the same period in 2016.

“The positive dynamics of the sportsbetting market observed since the opening of the online gaming market is extended once again this quarter,” reportedly read a statement from the regulator.

French online gaming market records improved third-quarter results

ARJEL moreover reportedly explained that France’s online poker segment saw its biggest three-month revenue rise in almost six years as takings hit $67 million with cash games alone generating 5% more at $25 million. There was furthermore a 14% jump from online poker tournaments to $41 million as overall stakes improved by 9% to surpass the $1 billion milestone.

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