- Online gaming in France generated €271 million in Q3 2018.
- Online poker generated €59.5 million.
- Through three quarters, poker is on pace to outperform 2017 and bring in more revenue than in the past four years.
Online gaming in France generated €271 million in Q3 2018. Sports betting continued to dominate other gaming verticals with 55% of the total GGR. Horse racing and poker accounted for 23% and 22% of total GGR respectively.
In absolute terms, online poker generated €59.5 million. Through three quarters, poker is on pace to outperform 2017 and bring in more revenue than in the past four years. A strong Q4 could actually boost total revenue for the year to a level not seen since 2013.
Within the poker vertical, tournaments continued to outperform their cash game counterpart; however, in Q3, cash games showed modest growth in relative terms, rising from 33.7% of total poker GGR in Q2 to 33.9% last quarter.
The streak of year-over-year increases in poker continued last quarter (with GGR up 2.9% over the same period in 2017), marking the seventh consecutive quarter of annual growth.
Total entry fees from online poker tournaments in France reached €528 million, the highest for any Q3 on record and the third highest overall. On an annual basis, tournament entry fees rose 6.9% over Q3 2017.
Within the tournament segment, Sit & Go tournaments continued to attract bigger average buy-ins than Multi-Table Tournaments (MTTs) for the fourth straight quarter.
