Former-French monopoly Pari-Mutuel Urbain (PMU) saw revenue rise 2.5 percent in 2012 to make it 15 consecutive years of growth for the firm’s horseracing operations. Online betting is now a huge part of the company’s operations and it was reflected in annual growth of 22.8 percent in turnover to €1.653billion and gross gaming revenues of €270.1million – up 16.2 percent. Mobile betting plus Euro 2012 and the Olympic Games meant sports betting wagers rose by 62 percent to €162.5m. Horse race betting online rose 11.1 percent to €972.1m with poker bucking France’s downward trend by posting an increase in amounts staked of 39 percent to €518m.
Playyoo has signed a deal to supply Lottomatica with mobile casino and slots games for their Italian Vegas Club brand. The Probability owned unit will provide the games as part of a two-year deal and they will be able to be played on Apple, Android and Blackberry phones and tablets. Probability CEO Charles Cohen added: “We are delighted tohave the opportunity to work with Lottomatica in Italy as their mobile
partner.”