French online betting surges as poker & horse racing fall
iGaming Business – French online sports betting recorded a 94% rise in gross profits to €60m during the third quarter of 2014 and was once again the stand out vertical in France’s regulated igaming market.
Quarterly figures published by regulator ARJEL showed that amounts staked rose 35% during the quarter to €245m, compared with €182m over the same period in 2013.
Sports betting’s strong performance was replicated over the nine-month period from January to September. Stakes were up 34% to €785m on the €584m recorded in 2013.
The lea…