Online poker still suffering in France

iGaming Business – Trends for France’s igaming verticals were confirmed on Tuesday when the country’s online gaming regulator ARJEL revealed that fourth quarter stakes for online poker cash games dropped 23% to €1.2bn, with gross gaming revenues down 12% during the final months of 2013 to €65m. Annual figures showed gross gaming revenues and stakes for online poker cash games had dropped 13% and 18% to €258m and €5.5bn respectively during 2013. Stakes for tournaments were up 5% to €1.4bn, although this was not enough to make up for the drop in cash game figures. Online betting continued its upward…

Online poker troubles continue in France

From iGaming Business The drop in cash game poker stakes in France’s iGaming market continued during the first half of 2013 as licensed operators’ turnover fell by 14 percent year-on-year to €2.7 billion ($3.4 billion). The figures were revealed to Agence France Presse on Thursday during a meeting of German, Spanish, French, British, Italian and Portuguese gambling regulators taking place in Lisbon. French online poker’s travails are in marked contrast to the regulated online sportsbetting sector, which saw turnover rise by eleven percent year-on-year to €402 million ($515.7 million) and gross gaming revenues improve by 11.5 percent when compared with…