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PMU revenue falls in H1 despite sports betting growth

14th July 2014 8:11 am GMT

French gaming operator PMU has reported a 2 per cent drop in gross gaming revenue (GGR) to €1,255.7m for the first half of 2014, with strong growth from the company’s sports betting offering unable to offset a decline in horse race betting and online poker.

Total turnover fell by 5 per cent to €5.1bn during the period, with horse race betting turnover down 6 per cent to €4.7bn. This included an 8 per cent decline [...]

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