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   Monday, July 22 2024 
Online poker’s industry on a downward trajectory in Q1 2015 - France

France’s gaming regulatory authority “ARJEL” has just made public its gaming revenue report for the 1st quarter of 2015. This year’s first quarterly report actually highlights a downward trajectory of online poker activities. While France’s 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 players’accounts (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.

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