Arjel Approves Winamax Online Sports Betting Site
By Casinomeister, Last updated May 23, 2014
Top French online poker site venturing into a competitive field
One of the most successful online poker operators in the French market, Winamax, is to venture into the highly competitive field of sports betting following approval of its plans by the French regulator ARJEL.
The operator has been awarded a five-year licence enabling it to offer fixed odds betting and pari-mutuel betting services through the Winamax.fr domain.
Wide awake industry observers noted earlier this year that the company had begun recruiting suitably experienced people for the enterprise, which is believed to be the brainchild of managing directors Alexandre Roos and Christophe Schaaming.
The introduction of sports betting may be an attempt to bolster flagging rewards from French online poker, which has manifested a persistent overall decline over the past two years, culminating in the latest Q1-2014 statistics, which showed a 10 percent y-o-y slide in GGR to Euro 65 million (see previous InfoPowa reports).
Online Casino News Courtesy of Infopowa
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
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