News From The Sports Scene

French Online Sports Betting setting all those fancy records

French Online Sports Betting setting all those fancy records!

The online sports betting in France increased by a significant 23% from approx. €516m to €633m for the first quarter of 2017 as compared to the previous year first quarter, setting a new record, revealed the French Gaming Regulator ARJEL. Thereby generating a rise in revenue, from 16% i.e. €82m for the first quarter of 2016 to €94m for the same duration in 2017.

Although, the number of gamblers betting online with at least one bet in the first quarter of 2017 increased by 10% to 1.5m as compared to the previous year quarter, setting yet another record for French Online Sports Betting.

It was further noted an increase in the number of male bettors by 21% to 829,000 and a sharp 40% rise in female sports bettors to 79,000.

As for the sports, betting increased in tennis, football and basketball as compared to the previous year first quarter by 41%, generating €129.5m from €91.6m, 18% (€348m) and 19% (€81.6m) respectively.

It was however seen- horse racing and online poker bets had a decline in the very time period by 1% from €247m to €246m and by 2% respectively.

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