Online pokers industry on a downward trajectory in Q1 2015 - France
Frances gaming regulatory authority ARJEL has just made public its gaming revenue report for the 1st quarter of 2015. This years first quarterly report actually highlights a downward trajectory of online poker activities. While Frances i-poker industry is facing a bearish move, that of sports betting is on promising upward trend. Sports betting figure rose by 38% in terms of bets, and 27% in active playersaccounts (Comptes des Joeurs Actifs: CJA) every week. This dynamism is primarily owed to football with 56% of bets and tennis with 18%. As a result, the Gross Gaming Revenue (GGR) jumped up to17% to 63 million in the first three-months of the year. Though the GGR is smaller than the amount of bets, there was an increase of 3.4 % in the number of gamblers getting back to play.
Obvious as it is, local poker operators have experienced another disappointing quarterly result. Cash game revenues shrank by 15% to 1.022 billion against 1.201 billion in the same period last year. However, entrance fees in tournaments increased by 5% to 426 million while that of Q1 2014 saw 407 million. By all accounts, that increase in tournament revenues are not big enough to bridge the holly gap in cash games. The GGR actually decreased by 7% to 61 million. ARJEL also mentioned a relative downswing in Active Players Accounts: 263,000 this year, 246.000 in Q1 2014 with minus 12% in cash games and minus 5% in tournament figures.
Tuesday, 05 May 2015
This page has been viewed 239 times.
All trademarks and copyrighted information contained herein are the property of their respective owners.