France: Online sports betting rises 23% in Q1
L'Autorité de régulation des jeux en ligne (Arjel)- french regulator- revealed that overall number of gamblers who made at least one online bet of any sort in Q1 2017 increased year-on-year by 10% to almost 1.5m, also a new quarterly record in French online sports betting.
In addition to that, year-on-year revenue generated from sports betting grew 16% from €82m in Q1 2016 to €94m for the same period of 2017.
The number of female sports bettors increased by 40% to 79,000, almost twice the amount of increase in the number of male bettors which increased 21% to 829,000.
Betting on tennis surged year-on-year by 41%, generating €129.5m in revenue compared to €91.6m for Q1 2016, with more than half of those bets being made via in play betting.
Online horseracing betting wagers decreased 1% from €247m to €246m for the first four months of 2017, while online poker bets decreased 2% in the same period.
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