French online gaming revenue increased in Q3 2019

18 Nov 2019

france-operators-revenue-growthOnline sports betting operators in France enjoyed significant quarterly revenue growth for Q3 2019 compared to the revenue generated during the same period last year. More specifically, according to the figures that were recently released by the French gambling regulator, ARJEL, the country’s licensed gambling operators have generated a combined revenue of €346m. A figure which is higher 27.7% over the same period last year and about €3m more than the one generated in Q2 2019.

As regards sports betting in particular, it constituted the main force of Q3’s overall growth, as the 13 licensed operators reported significant increase in revenue up to 44% YOY to €214m. This came despite the fact that the online betting wagers rose only 9% to €1.08b and the number of active bettors decreased by 1%.

The total return to bettors also decreased by 5.3 points YOY; basically due to the fact that on the same period last year, the Final of the FIFA World Cup between France and Croatia took place, and resulted in a €36.5m overall payout to French punters in Q3 2018. Furthermore, operators’ bonus offers to players dropped from €20m to €17m, as there wasn’t any similar sports event in place during Q3 2019.

As for race betting revenue, it rose 5% to €66m, partly due to bonus offers that dropped by more than ⅓. Nonetheless, active race bettors increased by 5% and stakes moved up 7%, so ARJEL projected that racing will have a 3rd straight year of annual revenue growth, as soon as 2019’s final numbers are released.

It is also worth mentioning that, although France’s licensees weren’t very generous with their bonus offers during Q3, their total marketing financial expenditure went up 13.2% to €43m. As a matter of fact, about ⅔ (62%) of this amount was spent on acquisition and retention attempts, with another 33% spent on local media promotions.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

The Swedish online gambling company, Betsson Group, announced that it has extended its cooperation with Gaming Innovation Group (GiG) regarding its au...

Read more »

Southampton Football Club has announced Parimatch as its official betting partner for the 2021/22 Premier League season. The bookmaker was launched in...

Read more »

The global online payment provider AstroPay, which is really popular among bettors, has announced a sponsorship deal with Newcastle United Football Cl...

Read more »

UEFA and Bwin confirmed their partnership and the Entain-owned bookmaker became the official partner of UEFA’s Europa League and Europa Conference Lea...

Read more »

The United Kingdom Gambling Commission has announced that Bill Moyes’ five-year term as Chairman comes to end this year and the new chairman will be M...

Read more »

The EFL Championship team West Bromwich Albion F.C. and LV BET announced a new partnership for the season 21/22. As a part of this deal LV BET will ru...

Read more »

Quinnbet and AFC Bournemouth have made an agreement until the end of the season and the popular bookmaker will be the club’s official betting partner ...

Read more »

With H1 2021 already over, Entain reports a revenue of £1.77bn. That is a 12.2% growth, despite a 34% drop in revenue from Germany, because of the cou...

Read more »

The renowned bookmaker, Parimatch has signed a deal with one of the world’s most famous clubs, Chelsea FC. The deal will run for three seasons; from t...

Read more »

The Italian Football Federation (FIGC) calls for the temporary suspension of the country’s betting sponsorship and advertising ban in order to allow t...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Sportaza
  • Few country restrictions
  • 35+ sports
  • High odds on secondary bets
  • Code:BOOKMAKERSBET
100% up to $100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to $250
Anonymbet
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:bookmakers
120% up to $100
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
150% up to €150
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
LeoVegas Sports
  • High average payout of 95% +
  • Best odds guaranteed on UK & Irish horse races
  • Live streaming feature
High Odds
Mr Sloty Sports
  • Few country restrictions
  • 30+ sports
  • Multiview Feature
  • Code:WSPORT501
50% up to $100
Royal Oak Sports
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:WELCOMESPORTS
100% up to $100
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Wallacebet
  • Few country restrictions
  • 30+ sports
  • Card & Corner Bets
  • Code:BMSB180WB
100% up to €180
Librabet
  • 35+ sports
  • Cards & Corners
  • 20+ Payment Options
100% up to €250
Leonbets
  • Few country restrictions
  • 15+ years of experience
  • Fast Markets
VIP Rewards
LATEST BOOKMAKER PROMOTIONS