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Arjel: 13% decrease of the Gross Gambling Revenue during the first quarter 2013
Last Friday, The French Online Gambling Regulatory Authority (ARJEL) declared the French poker activity during the first quarter of 2013. It is not overly enthusiastic enough compared to the same quarter of last year 2012, presenting a Gross Gambling Revenue lower than the other gambling games. In fact, the Gross Gambling Revenue decreased of around 13% while an impressive increase is noticed for sports betting and horserace betting, respectively presenting an increase of 19% and 5% of the gross Gambling Revenue. According to this French Regulatory Authority, the increase of poker tournament buy-in fees to 61% is a necessary in order to rebalance the poker gross gambling revenue.
The details show that cash games antes generated Euros 1.476 billions of turnover during the first quarter of 2013 against Euros 1.698 billions during the same period, last year. Players bet Euros 130 millions weekly, during the three first quarters, last year and it has been decreasing to Euros 114 millions during the first quarter of this year. Tournament buy-ins certainly knew an increase but it was minimal with only 2% of Euros 375 millions against Euros 367 millions during the first quarter of 2012. According to ARJEL reporting concerning gross gambling revenue, poker is now more weakened and at a standstill in terms of development. The number of active player accounts also knew a decrease during this period. During the first quarter of 2012, though, around 327,000 account creations were noticed, weekly and it decreased to 299,000 during the first quarter of this year, which means 9% of decline.
Source: James WILLIAMS
Tuesday, 16 April 2013
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