French Gambling Giant Sees G.g.r. Decline In H1

Decline in horse race betting, but sports betting still growing strongly

The French online and land gambling group Pari Mutuel Urbain has reported its H1-2014 results, with GGR at Euro 1.255 billion – down 2 percent mainly due to a decline in horse race betting and to a lesser degree online poker.

The group reported turnover down 5 percent at Euro 5.1 billion, noting that sports betting continues to grow strongly, but that horse race wagering turnover has decreased by 6 percent to Euro 4.7 billion.

Online Casino News Courtesy of Infopowa

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