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French Sports Betting Revenue Increases in Q1 2019

French Sports Betting Revenue Increases in Q1 2019Reading Time: 1 minute

 

French online gambling market has experienced year-on-year growth in the first quarter of 2019. The growth is primarily due to a 52% increase in revenue from the sports betting sector. Overall revenue for the three months to March 31, 2019, amounted to €357m. Sports betting was the main source of income with revenue of €222m.

Football was the most popular sport to bet on in France, with punters wagering a total of €716.8m, followed by the English Premier League on €73.3m and Europe-wide the Champions League with €68.0m.

Tennis wagering was also up 53% year-on-year to €250.0m, boosted by a 138% rise in bets on the Australian Open, while basketball betting climbed by 42% to €177.1m. Horse racing revenue, which ARJEL reports separately to sports betting, came in at €67m in the quarter, up 3% on €65m last year.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: French Sports Betting Revenue Increases in Q1 2019

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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