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France: The industry of online poker in the red
Online poker in France stood out like a real social phenomenon after its regulation in 2010. But within these two years of legalization, poker activity is in slow motion, even in decline, as evidenced by the new quarterly analysis of the French Regulatory Authority of Online Games (ARJEL), which was published on Monday. In its report, the Arjel indicated that the French online poker goes badly and it has even reached its lowest level since 2010, during the last week of June. The entire sector went gone in the second quarter of this year and for the 20 authorized websites. In detail, the number of players has fallen of 7% to 273,000 active players accounts within a year. The President of the Arjel, Jean-François Vilotte, evoked a return of players towards illegal websites, which propose more generous offers.
Bets in cash-game have also decreased of 16.4% to 1.3 billion euro; its the same for the activity of poker tournaments which stood out in -1% on entry fees, compared with the Q2 of 2012. So, the gross gaming revenue (GGR) has significantly decreased of 9.5% within a year. Over two years of activity, online poker operators accused a reduction of 19% of the GGR, to 63 million euro. During these two years of existence, the industry of online poker in France has lost 10 legal poker websites. The last closure was the one of the casino owner Partouche, in June 2013. And the list would extend this year if operators didnt limit their expenses, particularly on the marketing.
Source: James WILLIAMS
Thursday, 22 August 2013
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