Tag Archives: Pari Mutuel Urbain
- French online gambling market posts 2014 gains thanks to World Cup
January 31, 2015
Online gambling in France overcame a sluggish Q4 to post modest annual revenue growth in 2014. Figures released Friday by French gambling regulator ARJEL show Q4 revenue falling 2% to €183.2m but the full year figure rose 6% to €725m, largely due to the 2014 FIFA World Cup’s effect on...
- PMU declines, France Pari advances, Winamax Go Fast stumbles out the gate
July 31, 2014
The 2014 FIFA World Cup may have temporarily added some pep to France’s gambling market, but it wasn’t enough to save the first-half results of Pari-Mutuel Urbain (PMU). The retail and online gambling behemoth reported H1 revenue down 2.4% to €1.26b, largely due to the company’s core racing vertical, which...
- Sports betting perks up otherwise dismal French online gambling market
April 15, 2014
France’s online sports betting market reported a 25% increase in turnover in Q1 2014, but the vertical was the lone bright spot in an otherwise dismal market. French gaming regulator ARJEL revealed that sports betting revenue rose 22% to €54m, largely on the strength of football wagering, which saw turnover...
- Belgian authorities seize €600k of Betclic Everest online gambling funds
February 27, 2014
French online gambling operator Betclic Everest Group has prevailed in its legal challenge of Pari Mutuel Urbain’s (PMU) practice of pooling its land-based and online horseracing wagers. Betclic filed its complaint in 2012 with the French Competition Authority over the PMU.fr site’s ability to leverage PMU’s mammoth retail wagering presence,...
- Sportnco go Belgian, Betclic Everest go international, ARJEL go naked
February 7, 2014
France Pari’s B2B sports betting subsidiary Sportnco has inked a deal to provide a sports betting platform to Eurotiercé, the Belgian subsidiary of French racing colossus Pari Mutuel Urbain (PMU). Eurotiercé only launched in the Belgian market late last year but is keen to move beyond its horse betting roots...
- PMU, France Pari somehow survive declining French market
January 15, 2014
Online poker in France continues to suck donkeys, according to Q4 and FY figures released by French gaming regulator ARJEL. Gross gaming revenue from online poker fell 12% in Q4 to €65m, while cash game stakes fell 23% to €1.2b. For the year as a whole, online cash game stakes...
PMU told to change their name
February 2, 2011
BetConstruct secures French Gaming Licence from ARJEL
September 20, 2017
European Union online poker liquidity deal due on July 6
June 30, 2017