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French online poker cash games post biggest gains in six years

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French online poker cash games post biggest gains in six years

France’s regulated online gambling market was firing on all cylinders in Q3, with poker posting its strongest growth in nearly six years.

 

Figures released Friday by French regulator ARJEL show locally licensed online gambling operators handled €549k worth of sports wagers in the three months ending September 30, a 23% rise over the same period last year, while betting revenue was also up 23% year-on-year to €106m.

The year-on-year gains are all the more impressive given that Q3 2016 included both the tail end of the UEFA Euro 2016 football tournament and the Summer Olympic Games in Rio. Weekly active player numbers shot up 26% to 301k, which helped push the quarterly betting revenue total above €100m for the second time this year.

Even without a major football tournament, the sport remains French bettors’ favorite activity, accounting for 60% of Q3 betting stakes. Second-ranked tennis was well back at 25%, while third-ranked basketball scored only 4%, despite basketball wagers rising 58% year-on-year.

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Horseracing wagers enjoyed a rare double-digit gain, improving 15% year-on-year to €244m, while racing revenue improved 10% to €60m as weekly active race betting accounts improved 5% to 127k.

This marks the second consecutive quarter that racing stakes have improved, and the pace of growth in Q3 was significantly higher than Q2’s 9% growth. In fact, the vertical hasn’t shown such dramatic growth since the market liberalized in 2010.

ARJEL credited the gains to racing operators’ efforts to launch new simplified products to appeal to new bettors, while improving loyalty programs to retain existing bettors.

On the poker front, overall revenue rose 11% to €58m. After two straight quarters of cash game declines, cash game stakes shot up 8% to €885m, marking the biggest gains French cash games have enjoyed in six years. Cash game revenue improved 5% to €22.1m.

Tournament poker was equally buoyant, with fees rising 10% to €474m and revenue rising 14% to €35.7m. The French market hasn’t seen both poker verticals post simultaneous year-on-year gains since 2011.

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Weekly active poker accounts rose 8% to 228k, reversing four straight quarters of decreasing player numbers. Cash games helped goose the numbers, with cash game actives up 12% to 68k, while tournament actives were up 9%. The gains came despite operators’ bonus expenditure falling 9% to €11.9m during Q3.

ARJEL is even more bullish about its rebounding poker market given that its licensed poker operators are still waiting on the starting gun for sharing poker liquidity with the regulated markets of Italy, Portugal and Spain.…

The post French online poker cash games post biggest gains in six years appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: EEGaming.

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Amusnet

Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas

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Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.

“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.

Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.

Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.

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Canada

SoftGamings Doubles Down on Global Expansion by Introducing Tobique Gaming Licence

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SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.

Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.

The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.

SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.

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Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.

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4Play

Fast Track Enters into Partnership with 4Play

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Fast Track, the leading player engagement platform built specifically for the iGaming industry, has partnered with 4Play, a dynamic and innovative gaming operator renowned for its exceptional player experiences in both casino and sports betting.

Launched in 2023, 4Play has rapidly gained recognition in the industry, primarily targeting the burgeoning Brazilian market. With a commitment to delivering unparalleled entertainment, 4Play offers its players a seamless experience in Portuguese, featuring popular gaming verticals such as casino and sports betting.

4Play’s decision to integrate Fast Track CRM comes as part of its strategic initiative to bolster player retention and streamline operations through advanced automation. Fast Track’s robust platform will enable 4Play to automate complex player journeys, ensuring each interaction is personalised and timely.

“We are excited to partner with Fast Track to elevate our player engagement strategies. Their innovative approach to CRM and their commitment to creating individualised player experiences align perfectly with our vision for 4Play. We look forward to leveraging their platform to enhance our player retention and operational efficiency,” Mateus Ihering, Chief Operating Officer of 4Play, said.

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Fast Track’s CRM platform, recognised for its real-time data capabilities and comprehensive automation suite, will support 4Play in achieving its business goals. By automating player communications and optimising the registration journey, 4Play aims to significantly increase its number of depositors while maintaining a high level of engagement among its 148,000 monthly active users.

Simon Lidzén, Co-Founder and CEO of Fast Track, said: “We are delighted to welcome 4Play into the Fast Track family. Their innovative spirit and dedication to providing top-tier player experiences make them an ideal partner. Together, we will set new standards in player engagement and retention, ensuring that 4Play continues to thrive in the competitive iGaming landscape.”

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