The French online gaming sector recorded a revenue of €587 million in Q1 2021, representing a 35 per cent increase on the figure for the same period last year.
According to a report by French regulator L’Autorité nationale des Jeux (ANJ), the year-on-year increase came as sports betting rebounded from its decimation at the outbreak of the COVID pandemic late in the quarter.
The €2.18 billion wagered by sports betting players in the first quarter was a 78.8 per cent higher than the figure for 2020. This led to €357 million in betting revenue, of which €172 million was paid in levies.
According to the ANJ, the sector’s overall increased revenue could be attributed partly to a 19.1 per cent increase in active player accounts to 3.1 million.
Football was the most popular sport for betting, contributing €1.3 billion worth of wagers. Basketball was second, contributing €362 million, followed by tennis with €340 million.
Poker revenue increased by 23 per cent on the first quarter of 2020, to €120 million while active player accounts grew 9 per cent to 991,000.
She brings more than 13 years of industry experience to the role, having held senior positions across payments, content supply and operations
He brings with him a wealth of international business expertise, having held senior leadership roles across some of the world’s most recognised consumer brands
Live88 sits within Yolo Group’s portfolio of B2B brands, alongside Hub88, OneTouch and Odds88
The acquisition represents a strategic milestone for Tipico, enabling the company to expand its Austrian presence while broadening its digital portfolio