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France witnesses growth in online poker

French gambling regulator ARJEL has published its second quarterly report of the year, which reveals that online poker is growing in the country. The poker operators have posted growth in revenues for the sixth consecutive quarter.

This is good news for the sector, which was previously considered miserable, after the number of licensed operators has decreased to just five from 22 in the first four years of regulation. The five existing operators are

  • Winamax
  • PokerStars France
  • PartyPoker France
  • Bwin France
  • PMU France

It must be remembered that France is one of the countries that have the highest tax rates for poker proceeds.

ARJEL reports that in the first half of 2018, online poker revenues came in at €129 million ($150 million), up 6 per cent on 2017. Cash game revenue increased by 14 per cent and tournament revenue rose by 12 per cent.

Both Q1 and Q2 revenues from poker were the highest since 2013.

Source: onlinepokerreport.com

Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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