French-licensed operator and betting platform provider France Pari has seen betting volumes double this year to more than €30m in 2013, with turnover also up 30% to €12.5m during the year, compared with €9.6m in 2012, and sports gross gaming revenues rising 54% to €2.1m in 2013.
France Pari achieved the growth thanks to improved margins, these rose to 19,2% in 2013 compared with 17,9% in 2012 and were enabled by more efficient trading and the strengthening of internal teams, the company said.
“France Pari is outstripping the 15-20% growth of the online betting market in France,” said Hervé Schlosser, president of France Pari, whose B2B unit Sportnco recorded royalties of more than €500,000 for the first time.
“All Sportnco clients recorded strong growth in 2013,” Schlosser added, “and we launched our new platforms Feelingbet and Genybet during the second half the year. Genybet had decided to expand its activities from horse racing pari mutuel to fixed odds sports betting and we enabled them to do that.”
The group is currently focusing on mobile betting, with client roll-outs panned during the first quarter.
France Pari’s B2B division now provides its betting and trading services to four of the nine licensed betting operators working on the French market: NetBet, JOAonline, France Pari and PMU-subsidiary Genybet.