New Sports Betting & Racing Licenses for French Operator

French operator France Pari has renewed its online sports betting and horse racing licences with national iGaming regulator Arjel. The new licences will run for five years, from June of this year to June 2020. France Pari was one of the first operators in the country to secure licences when France first legalised online gaming in June 2010. The two licences ran for an initial period of five years, with a renewal required in order for them to run for an additional five years. Arjel has now approved this renewal and France Pari will be able to continue offering its…

French Online Betting Operator Continues to Grow

French online betting operator and platform supplier France Pari has recorded more than €4m in revenues during the first three months of 2014, generating EBITDA of €150,000 and net results of €80,000, the group said in a statement on Tuesday. The performance was achieved thanks to a 70% rise in France Pari’s operator activities and 87% rise in revenues for Sportnco, France Pari’s B2B division. The company’s focus on mobile will continue in the coming weeks, with the launch of France Pari’s iPhone app planned for this week and for its B2B clients pencilled in for the second quarter. France…

French sportsbetting operator reports 40% rise in gross revenues

From iGaming Business – The French sportsbetting operator and B2B platform provider France Pari has reported a 40% rise in gross gaming revenues (GGR) to €1m and a 20% rise in overall revenues to €5m in the first half of 2013. The growth was driven by an increase in stakes recorded and improved margins on the company’s france-pari.fr website and those taken by Sportnco, its odds and risk-management B2B division. Sportnco clients NetBet (iTechsoft) and Joa Online enjoyed 130% and 170% growth respectively during the period, the group said. “The online sportsbetting sector is now steadily growing in France, delivering…