Online Poker Of France, Witness Revenues Spike In Q3

ARJEL, the French regulator has revealed news that French online poker has witnessed a significant increase in the online poker and for the three months sports betting revenue.

Revenue received by the state from the internet sports betting activities amounted €106m ($124.2m) in the third quarter; this amount is 23% more in comparison to the same period last year.

In the period, the French punters gambled €549m in total on sports, which is 23% up in comparing to the previous year.

This year, to bet on, the game Football remains the most popular sport, and accounted for 60% of all betting activity, in spite of the absence of a tournament’s major national team in Q3.

In the horse-racing sector of the market, ARJEL also noted improvement of the significant amount with wagers going up to 15% year-on-year to €244m, along with the racing revenue rising up to 10% to €60m.

In a published statement, ARJEL said: “The positivity in the market of sports betting observed after the extension of the opening of the online gaming market again this quarter.

The whole action has been driven by the increased population sports betting players; in the Q3 about 301,000 accounts of player got active every week in Q3, which was 239,000 in the same period during last year.”

In the recent history, France was to record its one of the most successful poker performances (quarterly) with revenue coming from the online poker raising up 11% year-on-year to the level of €58m.

The stakes on online poker hiked 8% to €885m, on the other hand the revenue of cash game climbed by 5% to €22.1m in the recent quarter. Meanwhile, the weekly active poker accounts rise to 8% to 228,000, which is an exciting figure for France