RESEARCH REPORT ON FRENCH MARKET RELEASED
25 September 2009
A Euro 1.7 billion market by 2015
Amid the enthusiastic speculation and optimism regarding
the soon-to-be-liberated French gambling market, the
survey company MECN has released its factual and
in-depth look at the potential of the opening sector.
Many operators expect a boost for their business
from the opening of the French online gambling market
scheduled for 2010, and a MECN spokesman said this week
that the optimism seems to be justified now that the
draft of the legal bill opening up France’s online
betting and poker market is approaching adoption.
The online gambling market is expected to grow to
Euro 1.7 billion (gross revenues) by 2015, and MECN has
compiled a new landmark report that offers an
unprecedented in-depth analysis of the French gambling
market.
One of the key aspects of the planned
liberalisation, which will probably take effect in
summer 2010, will be the opening of the
interactive/online sports and horse race betting markets
as well as of online poker.
According to MECN`s
new research around 80 percent of the gambling operators
and experts surveyed consider the French market relevant
for their future business. The focus is on online sports
betting and poker - more than two thirds of operators
surveyed want to obtain an online poker license under
the new and more enlightened dispensation.
The
survey found that operators will focus on online poker
and sports betting because they expect the French market
to outstrip even the success story of the Italian online
poker and betting market.
Despite the many
unresolved issues of the upcoming liberalisation, 77
percent of the operators surveyed in MECN`s study are
looking to obtain a French online poker license.
MECN expects that gross revenues (sales/turnover
less payout of prizes and winnings) in the French
interactive/online gambling market will grow by a factor
of nearly six from currently around Euro 300 million to
approximately Euro 1.7 billion by 2015.
Martin
Oelbermann, director of MECN, opines: "The French market
will give the global online gambling market a new push
and develop into one of the key markets worldwide with
online poker paving the way".
Online Casino News Courtesy of
Infopowa
More news here.
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