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PMU retail and online horse race betting turnover falls in 2014

13th January 2015 7:24 am GMT

French gaming operator PMU said Monday that its 2014 net income was in line with its objectives, despite the company posting a 2 per cent decline in gross gaming revenue to €2.49bn during the year.

PMU saw overall turnover fall by 4 per cent to €9.98bn during the year, which the company attributed to the struggling economic climate in France and a shrinking gaming market.

Turnover from its core horse race betting operations were down 5 [...]

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