Online gambling revenue up in France

arjel online gambling revenue
The gambling regulator reported that all verticals increased their revenues in the second quarter of the year.

The gambling regulator from France ARJEL has reported that online gambling experienced a revenue increase in the second quarter of the current year.

France.- ARJEL, France’s gambling regulator, reported on Monday the second-quarter revenue results, which show that online gambling hit €343 million in the three-month period ended June 30. This represents a 13.5% increase from the same period last year.

The gambling regulator reported that all verticals increased revenues in the second quarter of the year. Despite the 13.5% year-on-year improvement, the second-quarter figures are down by €14 million when compared to those registered in the first quarter of the year.

The online sports betting operators reported €1.2 billion in turnover, which represents a 20% increase, while they registered €214 million in revenue and an 18% rise. These results come despite competing with the FIFA World Cup that took place last year in Russia. This year, however, France hosted the Women’s World Cup, which totalled €48.7 million in turnover in the second quarter.

Moreover, online race betting turnover and revenue increased 8% to €269 million and €66 million respectively. Active weekly race bettors increased 4.4% during the three-month period thanks to a 7% rise in June.

Online poker revenue also reported a 5% gain year-on-year to €63 million, despite the fact that this figure was down €5 million from the first quarter’s total.

First-quarter results

Year-on-year growth was driven by a 52% increase in revenue within the sports betting sector. It posted €222 million in revenue, significantly up from the €147 million registered in the first quarter of 2018. These figures represent the highest revenue in a quarter since the country launched the sports betting market.

Once again, football was the most popular sport in France, as punters wagered €716.8 million. It represents an increase of 54% when compared to the €464.9 million in 2018. The local league attracted the biggest number of bets, while the English Premier League and the Champions League closely follow.

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