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French online betting operator in line with expectations • This Week in Gambling
iGaming Business – French online betting and gaming operator PMU has reported that despite a year-on-year drop in sales during the first quarter of 2014, its activity in the period was “in line with expectations”. The operator reported total sales of €2.6 billion ($3.6 billion) for Q1 of 2014, a decrease of 3.4% on the previous year. PMU’s horseracing business suffered the most with an overall drop of 4.5% in sales to €2.4 billion. French horseracing sales fell 7.4% to €2.2 billion in the quarter but this was slightly offset by a 45.6% jump to €192.1 million in international sales....
This Week in Gambling