French gaming operator Pari-Mutuel Urbain (PMU) has posted a 1 per cent drop in gross gaming revenue to €637.3m for the first quarter of 2014, with the company beginning to implement measures outlined in its strategic growth plan.
Total amounts wagered fell by 3 per cent to €2.59bn during the quarter, following a 5 per cent drop in horse racing turnover to €2.38bn, which included a 7 per cent decrease in its core French market.
Q1 2014 [...]