SBC News France Pari records strong 2014 with 46% revenue uplift

France Pari records strong 2014 with 46% revenue uplift

francepariFrench sports betting operator France Pari finished a positive 2014, reporting increased revenues of €17.9 million up 46% on 2013 performance (€12.5 million).

France Pari stated that its strong 2014 performance had been driven by increased player activity combined with improvements to its betting verticals and markets. The operator performance was further aided by the 2014 FIFA World Cup, which saw peak player numbers and sports betting wagers for the French online betting sector.

In 2014 the operator had launched its mobile betting app which accounted for 25% of all wagers recorded, as the operator concentrated its efforts on new product verticals.

France Pari said in a statement that the rise came from “the growth of the French online sports betting market which should reach nearly 30% in 2014, but also the launch of France Pari’s solutions for smartphones”.

Further to its positive sports betting performance, France Pari launched two new sports betting brands NetBet and GenyBet through its Sportnco B2B business division who doubled its 2014 revenues to €1.05 million.

France Pari concluded its 2014 performance report, by stating that it would continue to focus on mobile development, the group expects to launch new products in the coming months. France Pari will also increase its efforts to expand its betting services in further European betting markets.

Check Also

SBC News Market Make-Up: French football sees battle on margin control...

Market Make-Up: French football sees battle on margin control…

In a new series, SBC Correspondent Jake Pollard dissects the intricacies of pricing European betting …

SBC News Sportnco unifies shareholder vote to bolster GIG future 

Sportnco unifies shareholder vote to bolster GIG future 

Following the news that ex-Sportnco shareholders have formed a concerted action that now represents 8.2% …

SBC News GiG confirms 2023 exit of CEO Richard Brown

GiG confirms 2023 exit of CEO Richard Brown

The board of Gaming Innovation Group (GiG) has confirmed that CEO Richard Brown will conclude …