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Online poker: The weak link of online gambling in France according to the ARJEL
The sector of online gambling in France was less dynamic in 2013, has announced the French Regulation Authority of online gambling (AREL) in its last assessment. According to this authority, the result was mixed with a strong raise of bets of sports betting and a drop in the two other sectors, namely horse betting and online poker. And the new development of sports betting couldnt manage to compensate the backward movement of the activity of online poker and horse betting. In 2013, the sector of online gambling knew strong variations from a quarter to another one, by generating 79 million for sports betting, 86 million for poker and 160 million for horserace, or a total of 325 million of tax revenue in 2013, against 327 million in 2012. This decline can be explained by the collapse of bets by 10%, at 8.474 billion. This fall of the total amount of bets have caused a drop of the Gross Gaming Revenue (GGR) by 2%, at 686 million, has specified the ARJEL.
The bets on sports betting increased by 20%, at 848 million, compared with 2012, especially thanks to football. The bets raised by 41% in the fourth quarter and move towards exceeding those of horse betting in 2014, with the winter Olympic Games in Sochi and the World Cup of football in Brazil. The online sector of horse betting has lost 1% at 1.111 billion; a small backward movement which worries all the same Jean-François Vilotte. Concerning online poker, the entrance fees in poker tournaments have increased by 5%, at 1.46 million, while the bets in cash game have sensibly moved back by 18% at 5.055 billion. To catch up, Jean-Francois Vilotte recommends the introduction of new variants of poker and the sharing of liquidities with other European countries like Italy.
Source: Oliver JOHNSON
Thursday, 16 January 2014
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