French Regulator Reports On F.y. Online Gambling Performance

But high taxation and restricted player pools remain a problem for operators

ARJEL, the French online gambling regulator, has reported on the industry's performance in the ring-fenced French market through 2015, noting that betting volumes have shown growth, but profits have remained under pressure.
Sports betting continued to lead the market with wagering up 30 percent to Euro 1.44 billion, and a particularly good fourth quarter when amounts staked reached Euro 452 million – a record since online betting was liberalised 5 years ago.
Online poker cash game wagering declined again, this time by 14 percent year-on-year to Euro 3.7 million, although the tournament side was healthier with entry fees rising 14 percent to Euro 1.7 billion.
Pari-mutuel horse racing deposits declined 2 percent to a new low of Euro 1 billion.
The number of weekly active online gamblers rose year-on-year by 8 percent to 200,000
Whilst gross profits rose with the amount staked and looked good at Euro 270 million (a 19 percent y-o-y increase) the taxman hammered operators, who reported that profits remain under pressure.

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 astrophography.

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