Betting On Online Sports Is Doing Well In France

Unlike poker and horse racing, sports betting continues on their tremendous momentum, as demonstrated by the results of the third quarter 2016 posted by the ARJEL. The ARJEL, Online Gambling Regulatory Authority in France, recently posted the results of the third quarter of 2016, and the good news is that sports betting is a charm. Indeed, this sector has seen a not insignificant increase compared to the same period of last year, which is rather positive for the market which had had some dark periods.

On the other hand, it is important to note that the results are not as positive on the side of horse racing and poker which continue to know a certain decline. Sports betting is growing During the third quarter 2016 (July to September), in France betting industry recorded an incredible $ 448 million in terms of online bets placed, representing an increase of 50% compared to The same period of the previous year.

Revenues for all operators amounted to € 87 million, an increase of 40% compared to the results for 2015.