French firm posts a 24% revenue increase
France Pari enjoys a good third quarter
2013-10-07
Reading time 29 seg
(France).- French betting group and sportsbook technology provider France Pari reported a positive Q3-2013 performance from both its business-to-consumer and business-to-business activities this week, indicating that revenues rose 24 % to Euro 3.25 million. Gross gaming revenues reached 600,000 euros, with wagers placed up by over 20 %.
The company experienced a now familiar industry story of mobile betting success, reporting that the mobile channel generated 10 % of wagers. Other solid contributions came from a new pool betting product operated in partnership with the UK company Sportech.
Management is optimistic that the company will maintain double digit growth for both the fourth quarter and the full year, with a strong performance anticipated from the business-to-business division, which doubled its turnover in the third quarter.
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