French online gambling revenue down
Sportsbetting generated €79 million of the total, with €86 million generated by online poker and €160 million by horse racing pari mutuel (tote).ARJEL said that the drop occurred despite a surge of sportsbetting activity in the fourth quarter of 2013.
The total amount placed on sportsbetting increased year-on-year by a record 41% to €264 million in the three months until the end of December 2013 in comparison with an average 20% increase across the whole year.
However, the increase in sportsbetting was offset by a big fall in online poker, with cash game bets down by 23% to €1.214 billion in the quarter and 18% for the whole of 2013 to €5.055 billion.
Horse racing pari mutuel (tote) betting decreased by 6% in the quarter to €278 million, bringing the total for the year to €1.111 billion, a 1% drop on the previous year.
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