Chapter 2: Market overviews
For the betting sector this means that despite record betting volumes, operators are unable to
generate margins because of turnover taxes that work out at close to 60% of gross profits. For online
poker and horse racing a mixture of ring-fenced liquidity, loss of interest and a racing vertical in need
of modernisation mean both verticals are stuggling, with little sign of things improving.
672
314
+4%
-5%
698
-2%
686
6%
297
-13%
258
-7%
264
-3%
164
-38%
725
241
257
243
+8%
115
+20%
263
+0%
138
+19%
2012
2011
Poker
PMU.fr
36 Digital Sports Betting
2013
Horse racing
Sports betting
227
2014