France Pari Turnover Up 24% In Q3 2013, Gross Gaming Revenues Reach €600K

France Pari, the French-licensed operator and sportsbook technology provider through its Sportnco business unit, has announced a 24% annual rise in its third quarter revenues to €3,25m across its B2C and B2B platforms in France’s regulated igaming market.

This compares with €2,65m in revenues during the same period last year, the group added that France Pari’s gross gaming revenues amounted to €600,000 during the three-month period and that the amounts staked had risen by more than 20% during the quarter, overall this led to a 60% annual rise in stakes during the month of September this year.

The encouraging results were achieved thanks to the company’s mobile offer, which accounted for close to 10% of stakes by end of September and its new pool betting offer launched in partnership with Sportech.

As a result, France Pari said it was forecasting two-digit growth for the fourth quarter and 12-month periods for 2013.

Its B2B turnover doubled during the quarter thanks to a near-doubling of its clients’  Netbet and JOAonline’s gross gaming revenues and the launches of PMU subsidiary Genybet and Feelingbet.

The total amount of monthly stakes generated by France Pari and its B2B stablemates for the first time were above the €3m mark as of 30 September, the group added.

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