– PMU’S MISSION –
TO FINANCE THE FRENCH HORSE RACING INDUSTRY
PMU is Europe’s largest betting operator and the 3rd largest pool betting company in the world. It is an Economic Interest Grouping (EIG), the mission of which is to finance the French horse racing industry.
PMU is a horse racing betting provider. Since 2010, it has also offered sports betting and poker on its website, PMU.fr. PMU offers its customers a wide range of bets, along with related services and all the necessary information for bettors, 365 days a year. Its entire net income, €796 million in 2016, is returned to the EIG member racing companies, providing 80% of the revenue of the French horse racing industry. In particular, this funding goes into maintaining and modernising the 242 racetracks and training or breeding centres, as well as the provision of prize money and the organisation of races, more than 16,700 of which are eligible for PMU betting. It also contributes to the sustainability of over a hundred professions and specialities, such as jockeys, grooms, trainers, farriers, riding instructors, vets, and saddle makers, amongst others. The dynamic, sustainable and well-structured equine ‘trades’ sector in France is in good health and is a model recognised by all horse racing countries in the world. This model is now exported abroad.