SBC News Voice of the Sports Betting Industry
French licensed sports betting operator France-Pari, reported a 28% increase in revenues for its Q3 2014 performance.
The Paris based sports betting operator posted revenues of €4.1 million (£3.2 million) up on from €3.2million (£2.5 million) recorded for the corresponding quarter of 2013. The improved performance in gaming revenues saw the company post EBITDA of €115,000
France-Pari senior management reported that the operators improved performance had been aided by increased customer wagering during the 2014 FIFA World Cup. The operator had witnessed a set of favourable results during the period which sustained revenue growth.
Q3 had seen the launch of mobile focused sportsbook Feelingbet.fr on Android and IOS mobile platforms. France-Pari management have targeted the brand to become the leading mobile sports betting vertical in the French market. France-Pari stated that mobile sports betting accounted for 30% of its total wagers.
Following the positive results for France-Pari, the operator outlined that it would look to increase marketing and partnership coverage its services. France-Pari further suggested that France-Pari would be looking to possibly extend its sports betting services beyond France, with senior management studying potential betting partnerships in Belgium and Spain
