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France Pari posts strong Q1 revenue growth driven by mobile

2nd April 2014 7:41 am GMT

French online betting operator France Pari has seen first quarter revenue rise ahead of expectations, with live betting and mobile credited for the strong growth.

Total revenue for B2C and B2B operations rose to €4m for the first quarter of 2014, generating earnings before interest, tax, depreciation and amortisation (EBITDA) of €150,000.

B2C revenue was up 70 per cent, largely driven by a rise in sports betting stakes, which were up 80 per cent year-on-year at €3.5m.

The [...]

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