Poker Revenues Reduce French Operator Losses

Total online poker operator losses were €36m in 2012 thanks to an effective tax rate of 37%.

Key Takeaways

ARJEL reports 2012 losses of €85m for its licencees.
Poker operators lost €36m as the effective tax rate accounted for 37% of revenues.
Still a significant improvement on 2011 numbers, when total losses were €183m.

French regulator ARJEL published Wednesday further data on the regulated online gambling market in 2012.

21+ in OH. Please play responsibly. For help, call the Ohio Problem Gambling Helpline at 1-800-589-9966 or 1-800-GAMBLER.

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ARJEL France Tax

Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, accounting, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on August 01, 2013.

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