Key Takeaways
- ARJEL Q3 reports shows a 21% fall in cash game betting.
- After last quarter’s 16% fall, French cash game poker may generate up over a billion euros less than in 2011.
- An 11% increase in tournament entries was well short of the 60% increase needed to compensate for the cash game collapse.
- Poker’s performance contrasts with overall gambling growth of 17%.
According to the third quarter from French Regulator ARJEL, cash game poker revenues have accelerated their decline, down 21% on the same period last year.
The Q2 report showed both cash game and tournament revenues down, but this quarter tournament revenues have recovered slightly, up 11%. However, with cash games accounting for three quarters of revenue, overall Q3 revenue decline is reportedly 17%.
