France’s Online Gambling Market Firing on All Cylinders in 2017
France’s online gambling market was firing on all cylinders in 2017, with even the much-maligned poker and horseracing verticals posting positive growth. Official figures released Tuesday by French gaming regulator ARJEL show online sports betting turnover rising nearly one-third to €704m in the fourth quarter of 2017, while online betting revenue surged 82% to a new quarterly record of €163m.
Total active bettors in Q4 were up one-quarter to 1.12m while active weekly bettors jumped 43% to 393k. However, the Q4 revenue gains were largely credited to a rash of punter-antagonistic sporting results.
Source: Calvin Ayre