France Pari Sees Increased Revenues with Focus On Mobile Betting
Posted: January 8, 2014
Updated: October 4, 2017
As France Pari focuses on mobile betting, the company’s turnover and gross gambling revenues are up by 30% and 53% in 2013.
Online gambling news in France has been positive in 2013, as giant betting company France Pari has seen its volumes double in the last year, reaching more than EUR 30 million.
With the company’s turnover also up by 30% and its sports gross gaming revenues up to 54%, France Pari has had good reason to celebrate in 2013.
French gambling laws only allow for sports betting, horse race betting and poker in the online realm, but the French-licensed operator has managed to make the legal limitations work in their favor, and has outstripped other online betting markets in France.
France Pari enjoys increases in turnover and GGRs as it focuses on mobile betting
France Pari attributes its growth to the improved margins, which were enabled by more efficient trading and the strengthening of the company’s internal teams.
Hervé Schlosser, the president of France Pari, saw great success in his B2B unit Sportnco recorded royalties, which went above EUR 500,000 for the first time.
“All Sportnco clients recorded strong growth in 2013,” added Schlosser, “and we launched our new platforms Feelingbet and Genybet during the second half of the year.”
At present, France Pari is currently focusing on mobile betting, whose B2B division provides its betting and trading services to four of the nine licensed operators in the French market, which includes NetBet, JOAonline, France Pari and PMU-subsidiary Genybet.