ARJEL has reported France’s regulated online market reached a record level over the first quarter of this year.
The French gaming regulator announced operators handled E847m in sports betting wagers during the period, a rise of 34 percent since since 2017 and the highest total since the market was regulated in 2010.
Operator revenue grew 55 percent to E147m, allowing companies to offer E19.6m worth of bonus offers, enticing in 462.5k players over Q1, an increase of 36 percent year-on-year.
Football wagers generated E465m, up 34 percent, and responsible for 55 per-
cent of the total sports betting total. Betting on tennis reached E163m, a
rise of 26 percent, and basketball totals revealed total bets of E125m, a leap of 53 percent for the sport.
The French online poker market, which had seen significant decline over recent years, reported cash game spending had risen 18 percent, achieving E1.1bn, and despite cash game revenue dropping two percent to E24.1m, tournament fee turnover rose 14 percent to E594m.
Online horse racing wagers also grew since Q117, with 2018’s figures revealing a nine percent increase to E270m, leading to an eight percent increase in race betting revenue which topped E65m.