B2B drives France Pari 2015 revenue rise
French operator records ?20m in full-year revenues as SPORTNCO division grows 80% year-on-year
France Pari recorded a 17% increase in full-year revenues for 2015 with performance boosted by a near doubling of the company’s B2B arm.
The French operator’s total revenues were ?20m for the 12-month period ended 31 December, up from ?17m in 2014, with its B2B division SPORTNCO reporting an 80% year-on-year rise in revenues.
Sports and horseracing betting supplier SPORTNCO recorded revenues of ?2m in 2015, while revenues from France Pari’s B2C sportsbooks increased 5% year-on-year to ?17m and horseracing remained at ?1m.
France Pari estimates that france-pari.fr and the company’s B2B customers now account for more than 10% of the overall French sports betting market.
Chairman and CEO Herv? Schlosser said the operator was confident it could build on the success of 2015 during what will be a busy year of major sporting events.
“2015 provides confirmation that our strategy of focusing on sports betting and the complementarily of our B2C and B2B activities in this vertical [is working],” Schlosser said.
“We expect strong growth in 2016, [buoyed] by the UEFA EURO in France and the Olympics in Rio, but also by the launch of a new range of sports betting offers throughout the year,” he added.