French poker sphere continued growing in the third quarter of 2020, surpassing the previous year's similar results by 36%. However, the growth slowed down compared to Q1 and Q2 of 2020. Login Casino overviews the latest poker news and explains in more detail the situation with poker in France.
The rise of online poker in France is unstoppable in 2020, and the third quarter results prove it. The coronavirus spreading has limited the entertainment for most of the population across the globe, so turn to online gaming isn't surprising. However, the pace of digital poker growth in France is really astonishing as the number of active players raised by 37% compared to 2019, according to ANJ (Autorité Nationale des Jeux) report.
The first and second quarters of online poker ended with doubling the Year-over-Year (YoY) results. Q3 looks relatively more modest with only 36% growth compared to the same period a year ago.
What relates to absolute numbers, Q2 ended with 1.1 million participants and €142M turnover, while Q3 finished with 'only' €90M. However, 2020 has already broken the record of maximum annual turnover, which is higher than €330M. Interestingly, the previous record belongs to the 2011 opening year, when the annual sum generated by poker players was about €314M.
What is the trend concerning offline-online poker switching?
The logical turn from offline to online poker continues in France. In the first quarter of 2020, the digital source generated about 68% of revenues, while Q2 showed a 72.5% rate. The tendency continued in Q3, where cashless turnover reached 73.3%.
At the same time, all the fluctuations didn't influence the average spending by the player. The number of €102 holds positions from the previous year.