French online sports betting at record levels in Q1 2017

French gaming regulator ARJEL has revealed that online sports betting has increased year-on-year by 23% for the first quarter of 2017, setting a new record.

French online sports betting at record levels in Q1 2017

The amount being wagered increased from €516m in Q1 2016 to €633m in the first four months of 2017, while the 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.

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.

Increases were also reported in football and basketball, growing by 18% (€348m) and 19% (€81.6m) respectively.

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.

Topics
OnlineSports Betting
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Robert Simmons
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Robert Simmons served as a writer for Gambling Insider, where he was an active contributor from 2017 until 2018. Throughout his tenure, Robert executed in-depth market research and wrote over 500 news and press-release articles covering the global gambling industry under strict editorial standards and tight deadlines. He contributed editorial support to the production of five 100+ page Gambling Insider magazines, eight 25+ page Trafficology magazines, and five 25+ page special print focus editions. In addition, he produced 30 in-depth feature articles for print, secured over 30 contributions from external writers, and built long-standing professional relationships with industry stakeholders across all levels of the gambling sector.

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