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NEWS 30 July 2019

Strong Q2 helps increase French online gaming revenue for H1

By Nathan Joyes

French gambling regulator Arjel has reported a 20% year-on-year increase for H1 2019 revenue, due to a strong period of growth from sports wagering in Q2.

Football dominated Q2, with French bettors wagering a total of €623.9m ($695.6m), a 6% overall increase in comparison to Q1.

Ligue 1 attracted the most amount of attention, with a total of €76m wagered, as more Ligue 1 football matches were played during the three-month period in comparison to Q1.

The women’s World Cup, which was hosted in France, brought in €48.7m.

French bettors also wagered a total of €62.7m during Q2 on the Champions League, as the competition reached the latter stages.

In Q2, a total of 13 licensed operators reported €1.2bn in turnover.

The number of active players rose 4% year-on-year, from 136,000 to 142,000.

Bets placed on horseracing slightly improved, generating €269m on licensed sites, a 1% increase in comparison to Q1.

RELATED TAGS: Online | Industry | Sports Betting | Legal & Regulatory | Financial
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