EPMA FIGURES 2012 ALL - Pari Mutuel Europe · 2013. 12. 18. · Off line 111’500’000 -5.9% Online Total 111’500’000 € 91,3 m -5.9% COMMINGLING • Horse betting has been

1 EPMA Members & Associated Members – Figures 2012

EPMA FIGURES 2012

M € currency TURNOVER INTERNET RACING TAXES

ATG 1455 578,4 190 160

FINTOTO 249,1 130,9 34 8,2

LORO 91,3 0 5 1,5

GERMAN Tote 119,6 58,4

RSV 24 6,6 4

PMU 9817,6 972,1 876 991

RIKSTOTO 515 487 150 20

TOTEPOOL UK 462 76,4 110

POOL BET Italy 800 17

HAHE 6,2 0

EUROTIERCE 8,6 0 0,7 3

TOTE IRELAND 52,4 4,8

TOTAL 13600,8 2331,6 1369,7 1183,7

SOREC 489 0 15,2 94

Phumelela (SA) 420,7 89,9

Hong Kong JC 8 495,30 5740

1009,6

Singapore TC 1020

52

WOODBINE 346,3

Tabcorp (AUS) 7887,5 1640,4 465

TOTAL 18658,8 7470,3 480,2 1155,6

2 EPMA Members & Associated Members

Person in charge: Odile Rotzetter

Sport statistics – 2012

Number of

racecourses

Trotting

C.F PMU

Betting figures – (national currency)

Pari Mutuel

betting

turnover

% growth or

decline since

2011

Off line 111’500’000 -5.9%

Online

Total

111’500’000

€ 91,3 m -5.9%

COMMINGLING

• Horse betting has been operated for more than 20 years by

and reasonable growth over the years.

• Offers come entirely from PMU.

EPMA Members & Associated Members – Figures 2012

Odile Rotzetter

Number of races Number of starting horses

Trotting Gallop Total Trotting Gallop Total

C.F

PMU

C.F

PMU

(national currency)

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport

betting)

5.9% 7,1% 95%

5.9% 7,1% 95%

Horse betting has been operated for more than 20 years by LORO and has enjoyed a steady

and reasonable growth over the years.

Offers come entirely from PMU.

Number of starting horses

Total

C.F

PMU

% on

domestic

races

% on

foreign

races

>1% 99%

>1% 99%

and has enjoyed a steady


Bet types

Bet name % of betting income

Simple 34%

Couplé 23%

Trio 4%

2 sur 4 7%

Multi 5%

Tiercé 2%

Quarté 4%

Quinté + 21%

PICK 5 1%

Taxes and Funding

Amount in national currency % of turnover

To winning punters/customers 75%

To the horse racing industry ADEC: 3'345'000 CHF

€ 2,7 m (million)

3%

To others:

State taxes

Health sector

Other social causes

Approx. 1’850’000 CHF for prevention P.G.

€ 1,5 m

Approx. 170’000’000 CHF social, culture, research

Approx. 33’000’000 CHF Sport & ADEC

The benefit of the Loro is

redistributed to thousands of

associations, social action,

culture, research, environment

or sport.

0.5% prevention pathological gambling

Then

1/6 to for sport (including horse

sector)

5/6 for social, culture, research.


ATG, Sweden

Person in charge: Leif Almgren


Number of

racecourses



37 9.120 694 9.814 13.629 1.084 14.713

Betting figures – Figures in Millions SEK

Pari Mutuel

betting

turnover

% growth

or decline

since 2011

% of overall

gambling

market

% of overall

national betting

market (horse

and sport betting)

% on

domestic

races

% on

foreign

races

Off line 7.484 -9,9 % n/a n/a n/a n/a

Online 4.936

€578,4 million

+2,7 % n/a n/a n/a n/a

Total 12.420

€ 1,455 million

-5,3 % 30,1 % 35,2 % 96 % 4 %

COMMINGLING

- ATG imported foreign races in 2012 from Norway, Denmark, Finland and France of total 470 million

SEK.

- ATG exported Swedish races to 18 countries of total 2.534 million SEK. The major partners are the

Nordic countries.

- Export was 97 % in common pools.

- Cooperation only with government licensed partners.


Bet types


V75 36,9 %

V86 7,6 %

V64 1,9 %

V65 7,3 %

V4 4,1 %

V5 3,0 %

V3 0,5 %

Daily Double 12,7 %

Lunch Double 2,2 %

Win 9,2 %

Show 3,4 %

Trifecta 3,1 %

Quinella 7,6 %

Exacta 0,4 %

Taxes and Funding

Amount in Million SEK % of turnover

To winning punters/customers 8.694 70 %

Operating fees 0,745 6 %

To the horse racing industry 1.615

€ 189,3 million

13 %

To others:

State taxes

1.366

€ 160 million

11 %


FINTOTO OY

Person in charge: Pertti Koskenniemi, Business Development Director and Vice President


Number of

racecourses



43 5403 - 5403 7531 - 7531

Betting figures – (in €)

Pari

Mutuel

betting

turnover

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport betting)

% on

domestic

races

% on

foreign

races

Off line 118,2 M€ +11,8 % 5,8 % 40 % (about) 95,3 % 4,7 %

Online 130,9 M€ + 40,7 % 16,8 % 42 % (about) 83,3 % 16,7 %

Total 249,1 M€ + 25,5 % 8,9 % 40 % (about) 89,0 % 11,0 %

NOTE: In year 2011 state owned company, Veikkaus Oy, organized V75 and V5 pools. Those pools

were total 48,9 million euro. Horse betting turnover was 247,6 million euro in 2011.

COMMINGLING

In order for EPMA to show the development of commingling activities worldwide, please detail in a

few lines/figures your activities/agreements with other Pari Mutuel operators (separate pools,

common pools):

- Fintoto imported races from Sweden , France, Norway, Denmark (via ATG) and Germany. Total

turnover for the foreign races was 27,4 million euro.

- Fintoto exported the Finnish races to Sweden, Netherlands, Estonia, Norway (via ATG) and France

(only common pools). Total turnover was about 12 million euro in outside of Finland.


Bet types


Quinella 35 %

Trifecta 14 %

Toto75 14 %

Toto5 11 %

Toto65 9 %

Toto4 5 %

Win 5 %

Daily Double 4 %

Show 3 %

Taxes and Funding

Amount in € % of turnover

To winning punters/customers 180,9 M€ 72,6 %

Operating fees 28,9 M€ 11,6 %

To the horse racing industry

Give some details if part of the

funding is dedicated to the

horse sector (Olympic team,

national equestrian

federations…)

28,7 M€ (direct from Fintoto)

* Ministry of Agriculture

refunded 1,7 M€ the prize

moneys plus and 2,2 M€ to

breeders bonuses.


total 32,6 million euro

11,5 %

To others:

State taxes

Health sector

Ministry of Agriculture*

8,2 M€

2,5 M€

3,3 %

1,0 %


NORSK RIKSTOTO


Number of

racecourses



12 4418 274 4692 5961 2825 8786

Betting figures (in national currency) NOK

NOKx000 Pari Mutuel

betting turnover

%

growth

or

decline

since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport betting)

% on

domestic

races

% on

foreign

races

Off line 185 088 033

-2,3% 86,5% 23,5%

Online 3 693 756 409

€ 487 Million

2,0% 30% 75,3% 24,7%

Total 3 878 844 443

€ 515 Million

1,7% 13,6% 60,3% 75,3% 24,7%

COMMINGLING

• Norwegian turnover in international commingling pools in 2012 was NOK 960 702 896 (€ 126

Million) representing 24,77% of the turnover

• Commingling into Norway in 2012 was NOK 221 416 759 (€ 21 Million) representing 5,71%

of the turnover.


Bet types


V75 24,9%

V65 15,6%

V64 1,2%

V5 23,1%

V4 7,4%

DD 8,9%

Vinner 5,9%

Plass 1,6%

Duo 2,6%

Trippel 8,7%

Taxes and Funding

Amount in national currency

000NOK

% of turnover

To winning punters/customers 2 611 528 67,33%

Operating fees 575 400 14,83%


691 916

€ 92 Million

17,84%

To others:

State taxes

Health sector

Other social causes

143 517 - €19 Million

0

26 000


Figures stated are for the financial year 26th March 2012 - 31st March 2013

Totepool

Person in charge: Steve Robinson


Number of

racecourses



60 0 9,818 9,818 0 90,690 90,690

Betting figures – (national currency £)

Pari Mutuel

betting

turnover

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games) B

% of overall

national betting

market (horse and

sport betting) C

% on

domestic

races

% on

foreign

races

Off line 323,754,067 -6.0 % 0.49 % 3.28 % 97.09 % 2.91 %

Online 64,299,117

€ 76,4 m

+1.8 % 0.10 % 0.65 % 99.01 % 0.99 %

Total 388,053,184

€ 462 m

-4.8 % 0.59 % 3.93 % 97.41 % 2.59 %

B Taken from a combination of Gambling Commission Industry Statistics 2009-2012 and the British

Gambling Prevalence Survey 2010, produced by the National Centre for Social Research.

C Taken from the Gambling Commission Industry Statistics 2009-2012.


Bet types

Bet name % of betting income D

Win 33.39 % (1.31 %)

Place 13.55 % (0.53 %)

Exacta 11.51 % (0.45 %)

Swinger 2.80 % (0.11 %)

Trifecta 2.94 % (0.12 %)

Jackpot 2.66 % (0.10 %)

Placepot 28.04 % (1.10 %)

Quadpot 2.12 % (0.08 %)

Scoop6 2.98 % (0.12 %)

D The first figure is the percentage of all pool betting, so those total 100%. The second figure (in

parentheses) is the percentage of overall national betting market (horse and sport betting).

Taxes and Funding

Amount in national currency % of turnover

To winning punters/customers £303,283,826 78.16 %

Operating fees £84,769,358 21.84 %



funding is dedicated to the horse

sector (Olympic team, national

equestrian federations…)

€ 10,7 million


PMU

Person in charge :Fabrice GENTILUCCI

statistiques


Number of

racecourses Trotting

245 11110


Pari Mutuel

betting

turnover

% growth

or decline

since 2011

Off line 8845.5M€ -0.5%

Online 972.1 M€ +11.1%

Total

9817.6 M€ +0.5%

COMMINGLING

Common pools – 18 partners from 15 countries:

Main Partners are on the German, Belgium and Swiss markets.

Separate pools – 38 partners in 28 countries

Bet types


Fabrice GENTILUCCI, PMU Direction Marketing - Chargé d'études



11110 7297 18407 149823 77318 227141

growth

or decline

since 2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport betting)

0.5% 25% 85%

+11.1% 17% 62%

+0.5%

23%

82%

18 partners from 15 countries: € 330 million – 87% more than in 2011

Main Partners are on the German, Belgium and Swiss markets.

38 partners in 28 countries

Chargé d'études


Total

227141

% on

domestic

races

% on

foreign

races

93% 95%

7% 5%

87% more than in 2011


Taxes and Funding


To winning punters/customers € 7,341 M 74.78%

Operating fees €610 M





national equestrian

federations…)

€ 865 M

50% France Galop

50% Cheval Français

Fonds Eperon (equestrian

Sport) € 12M

To others:

State taxes

€ 991M


Phumelela Gaming and Leisure

Sport statistics – 2012 (Phumelela and Gold Circle)

Number of

racecourses



10 3759 3759 44827 44827

Betting figures (National currency: Rand ZAR) - Phumelela and Gold Circle

Pari Mutuel

betting turnover

% growth or

decline since

2011

% on

domestic

races

% on foreign

races

Off line 3876414573 2.45% 80 20

Online 1053122550

€ 89,9 million

9.89% 80 20

Total 4929537123

€420,7 million

3.95%


Bet types

Bet Type % of contribution

Double 1.21%

Exacta 3.50%

Jackpot 7.53%

Pick 3 1.12%

Pick 6 9.68%

Place Accumulator 9.18%

Place 7.25%

Quartet 17.11%

Swinger 12.64%

Trifecta 9.25%

Win 11.71%

Rugby5 0.05%

Soccer1 0.01%

Soccer4 0.31%

Soccer6 6.49%

Soccer10 2.73%

Soccer13 0.23%


Taxes and Funding

Amount in national currency

(ZAR)

% of turnover

To winning punters/customers 3 697 152 842.25

75%

Operating fees 690,920,000.00

(Phumelela‘sTurnover

of(2,918,701,636)

23.67%


To Sport and Social causes

1 493 623 ZAR – € 125 000

See detailed information below


Hong Kong Jockey Club

Person n charge: William Wong (Digital Experience & Information)

Sport statistics – 2012 (Season 2011/12, Hong Kong

Number of

racecourses

Trotting

Gallop

2

Betting figures – Season 2011/12

Pari Mutuel

betting

turnover

Off line1 HK$ 27,739 m

Online2 HK$ 57,758 m

€ 5 740 m

Total HK$ 85,497

€ 8 495 m

1. “Off line” represents the “on

2. “Online” represents the “


Hong Kong Jockey Club (Season 2011/12)

William Wong (Digital Experience & Information)

2012 (Season 2011/12, Hong Kong Local Races Only)


Trotting

Gallop

Total (Flat) Trotting

Gallop

Total

(Flat)

N/A 769 N/A

Season 2011/12

Pari Mutuel

betting

turnover

% growth

or decline

since 2011

(Season

2010/11)

% of overall

gambling

market

(horse

racing +

football +

lottery)

% on

domestic

races

HK$ 27,739 m +2.4% 71.4% 98.5%

HK$ 57,758 m

740 m

+9.5% 56.8% 97.9%

85,497 m

495 m

+7.1% 60.9% 98.1%

“Off line” represents the “on-course betting” and the “off-course betting” channels.

“Online” represents the “interactive services” and the “tele-betting” channel


Total

(Flat)

9,704

% on

foreign

races (i.e.

Simulcast

Races)

1.5%

2.1%

1.9%

course betting” channels.

hannels.


Bet types (Horse Racing as at Season End 2011/12, including both Hong Kong Local Races

and Simulcast Races)

Bet Name % of betting income (turnover)

Win 18.7%

Place 14.8%

Quinella 28.1%

Quinella Place 22.8%

Double 2.2%

Six Up 0.7%

Treble 0.4%

Tierce 5.4%

Double Trio 0.8%

Triple Trio 0.7%

Trio 2.9%

First 4 1.9%

Fixed-Odd (Jockey Challenge) 0.7%

Taxes and Funding (Horse Racing as at Season End 2011/12)

Amount in national currency % of turnover (total)

To winning punters/customers

(including rebates)

HK$ 72,115 m 83.7%

Operating fees

(including payments to

overseas operators)

N/A N/A


N/A

N/A

To others:

State taxes (e.g. Betting Duty)

Other social causes

HK$ 10,159 m

€ 1009,6 m

N/A

11.8%



Number of

racecourses



358 14353 19168 33521 ? 30757 ?

Betting figures (in $Aus)

Pari Mutuel

betting

turnover

% growth

or decline

since 2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport betting)

% on

domestic

races

% on

foreign

races

Off line $8.11b -8% 8% in FY09 50% 91% 9%

Online $2.13b

€1640, 4m

0% 28% 28% 94% 6%

Total $10.24b

€ 7887,5m

-6% 9% in FY09 43% 93% 7%

COMMINGLING

- Interstate with Australia

- New Zealand Racing Board

- Phumelela (South Africa)

- Singapore Turf Club

- Premier Gateway Limited (IOM)


Bet types


Win 44%

Place 15%

Quinella 5%

Exacta 3%

Doubles 2%

Trifecta 18%

First Four 6%

Quadrella 5%

Other 1%

Taxes and Funding

Amount in $AUS % of turnover

To winning punters/customers 82.5%

Operating fees


NSW - $268m - €206m

Vic - $336m - €259m

NSW – 6.6%

Vic – 9.6%

Includes product fees, profit

shares and race fields fees

To others:

State taxes

NSW – 4.8% inc Federal Tax

Vic – 3.0% inc Federal Tax


Person in charge: Arnold SIT of Sales Strategy and Planning Department


Number of

racecourses

Singapore - 1

Overseas - 15

Betting figures – (in Singapore Dollars)

Pari Mutuel

betting turnover

% growth or

since 2011

Off line

i.e. cash

betting

on & off

course

S$1,328,895,021

Online S$312,803,065


Singapore Turf Club

of Sales Strategy and Planning Department

Number of races


993 flats 10,979 thoroughbreds

4,807

(simulcasts)

More than 50k

Singapore Dollars)

% growth or

decline

since 2011

% of overall

gambling

market

(lotteries +

sport and

horserace

betting +

casinos + other

games)

% of overall

national

betting market

(horse and

sport betting)

-9.46%

SPPL - S$5b

(27.9%)

STC - S$1.64b

(9.16%)

Casino - S$11b

(61.45%)

Club Jackpot –

S$0.26b

(1.45%)

National

Betting Market

(37.08%)

-6.95% NA NA

Singapore Turf Club


10,979 thoroughbreds

More than 50k

% on

domestic

races

% on

foreign

races

47.1% 52.9%

57.4% 42.6%


(No

internet)

Total

S$

1,641,698,086

€1019,7 m

-8.98% S$17.9b 49.1% 50.9%

COMMINGLING

Tabcorp Victoria had been guesting bets on Singapore races into STC since June 10and STC would be

commingling bets on Aussie races back to Tabcorp NSW from the second half of 2013.

Thereafter STC plans to commingle with other partners such as Phumelela and HKJC if contractual

terms are commercially reasonable and technical interface & integration is feasible.

Bet types


WIN 47.6%

PLACE 24.4%

FORECAST 8.2%

PLACE FORECAST 4.9%

TIERCE 7.3%

TRIO 2.8%

QUARTET 3.4%

QUADRO 1.4%


Taxes and Funding

Amount in Singapore Dollars % of turnover

To winning punters/customers S$1,285,938,320 78.3%

Operating fees S$232,527,000 14.2%





national equestrian

federations…)

NA NA

To others:

State taxes

Other social causes

NOTE – All net surplus go to

Tote Board for worthy causes

S$83,719,000 - € 52 m

S$39,513,766

5.1%

2.4%


Person responsible: Yasser GHALEB


Number of

racecourses

Trotting

0


Pari

Mutuel

betting

turnover

M €

Off line 489

Online 0

Total 489

COMMINGLING

- Historic Agreement with France in separate pools


Person responsible: Yasser GHALEB



1830 1830 0 19800 19800

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport betting)

7.78% 50% 82%

0 0

7.78% 50% 82%

Historic Agreement with France in separate pools


Total

19800

% of overall

national betting

market (horse

and sport betting)

82%

82%


Bet types


Simple 2%

Jumelé 51%

Tiercé 7%

Quarté 11%

Quinté Plus 29%

Taxes and Funding

Amount in M € % of turnover

To winning punters/customers 340 69.6%

Operating fees

29 5.8%





national equestrian

federations…)

26

5.4%

To others:

State taxes

94

19.2%


TOTE IRELAND LIMITED

Person in charge: Ross Kierans


Number of

racecourses



24 - 2,516 2,516 - 28,880 28,880

Betting figures (in €)

Pari Mutuel

betting

turnover

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport

betting)

% on

domestic

races

% on

foreign

races

Off line €47,551,210 +3.4% N/A N/A 94.1% 5.9%

Online €4,848,454 -4.6% N/A N/A 50.9% 49.1%

Total €52,399,664 +2.6% N/A N/A 90.1% 9.9%

COMMINGLING

- Tote Ireland Limited comingles into Pools on UK racing, Dubai racing, RSA racing and certain US

races.

- UK Tote, PMU and other international partners comingle into pools on Irish racing operated by Tote

Ireland Limited


Bet types


WIN 41.81%

PLACE 20.35%

EXACTA 12.58%

TRIFECTA 2.61%

DAILY DOUBLE 0.08%

JACKPOT 3.80%

PLACEPOT 17.93%

PICK 6 0.61%

SCOOP 6 0.19%

QUADPOT 0.03%

Taxes and Funding


To winning punters/customers €40,303,174 76.9%

Operating fees

To the horse racing industry €135,648 0.3%

To others:

State taxes

€96,518

0.2%



Number of

racecourses

Trotting

8 2541


Pari Mutuel

betting

turnover

% growth or

decline since

2011

Off line

Online 6.671.406 €

Total 23.723.583 €




2541

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport

betting)


Total

% on

domestic

races

% on

foreign

races


HAHE

Person responsible:Mr. Jérôme Carrus


Number of

racecourses



1 - 72 72 - 641 641


Pari

Mutuel

betting

turnover

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport betting)

% on

domestic

races

% on

foreign

races

Off line 6.2 M€ -5% 8% 92%

Online - - - -

Total 6.2 M€ -5% 8% 92%

COMMINGLING

- Common pool agreement with PMU


Bet types


SIMPLE 58%

COUPLE 23%

TRIO 11%

2/4 - MULTI 6.5%

TIERCE, QUARTE, QUINTE 1.5%

Taxes and Funding


To winning punters/customers 5.3 M€ 86%

Operating fees





national equestrian

federations…)

To others:

State taxes

Health sector

Other social causes


Person in charge : Achille Cassart

BELGIUM MARKET


Number of

racetrack



5 994 174 1168 11033 1561 12594

Betting figures – (in €) EUROTIERCE only

Pari Mutuel

betting

turnover

% growth or

decline since

2011

% of overall

gambling market

(lotteries + sport

and horserace

betting + casinos

+ other games)

% of overall

national betting

market (horse

and sport

betting)

% on

domestic

races

% on

foreign

races

Off line 8.542.593,00€ 910% 0,3% 2,5% 12% 88%

Online 55.879,00€ 27% 0,002% 2% 100% 0%

Total 8.598.472,00€ 875% 0,3% 2,5%


Betting figures – (in €) TOTAL Belgium

Pari Mutuel

betting

turnover

% growth or

decline

since 2011

% of overall

gambling

market

% of overall

national betting

market

% on

domestic

races

% on

foreign

races

Off line 90.307.044,00€ 7% 3% 26% 2,1% 97,9%

Online 55.879,00€ 27% 0,002% 2% 100% 0%

Total 90.362.923,00€ 7% 3% 25% 2,1% 97,9%

Bet types

Bet name % of betting income belgium % of betting income foreign

races

Gagnant, placé 24% 13,7%

Couplé 35% 26%

Trio, tiercé, 35% 26%

Quarté quinté 35% 26%

Multi 35% 30%

2/4 35% 26%

Taxes and Funding


To winning punters/customers 7,5%

Operating fees



national equestrian

federations…)

605.876,00€

135.094,00€

0,7% on foreign races

7% on belgium races

State taxes Around 3.000.000,00€ 15% on gross margin


German Tote GmbH & Co. KG

Person in charge: Riko Luiking


Number of

racecourses



37 1339 2511


Pari Mutuel

betting turnover

% on

domestic

races

% on

foreign

races

Off line 61.227.404,74

Online 58.425.982,96

Total 119.653.387,70 26,5% 73,5%

COMMINGLING

- common pools with PMU, Phumelela, UK Tote, Irish Tote

- PMU takes bets on German Races in separate pool

Bet types



Win 22,50%

Place 18,50%

Exacta 12,50%

Trifecta 32,00%

Superfecta 10,50%

Swinger 4,00%

Taxes and Funding


To winning punters/customers 75%

Operating fees





national equestrian

federations…)

In the western part of Germany

is a payment of 0,5% of

turnover to the National Stud

Warendorf

To others:

State taxes

5% on all races, with a refund

of 96% on tax paid on domestic

races

Documents

EPMA FIGURES 2012 ALL - Pari Mutuel Europe · 2013. 12. 18. · Off line 111’500’000 -5.9% Online Total 111’500’000 € 91,3 m -5.9% COMMINGLING • Horse betting has been