Gambling revenue at Betclic’s parent company surges 52.5% in H1 to €698m

Monday, August 5, 2024 7:18 PM
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  • Conor Mulheir, Next.io

Betclic owner Banijay Group declared €698m [$765m] in online betting and gaming revenue for H1 2024, marking an “outstanding” year-on-year growth rate of 52.5%. The rapid growth was driven by a “busy sports calendar,” the operator said, with revenue boosted by tournaments including the UEFA Euro 2024 and Copa America.

Of the total gambling revenue, the vast majority (€551.4m) came from sports betting, as the vertical leapt 41.7% year-on-year. Online casino also saw a robust growth rate of 51.3%, delivering €98.9m in revenue.

Poker delivered a further €37.6m, up 31.3%, while horse racing generated €9.7m amid year-on-year growth of 59.5%.

That growth across all product verticals was driven by an increase of 37% in the number of unique active players during the half-year.