Groupe FDJ has cited stable year-to-date trading ahead of its corporate expansion integrating the new assets of ZEturf and Premier Lotteries Ireland (PLI). In a YTD trading update, FDJ revealed that corporate revenues to September stood at €1.87bn, up 1% on YTD 2022 comparatives. Headline revenues remain on par with 2022 results, despite the Francaise des Jeux lottery unit recording …
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Camelot lauds National Lottery sales growth to £8.2bn
Camelot UK has reported total National Lottery sales of £8.2bn for the financial year 2022/23, marking the second-highest annual sales total in its corporate history. The sales result reflected an increase of £96m, as prize money awarded to customers reached £4.69bn, creating 382 new millionaires and replicating the second-highest results achieved by Camelot UK. Lottery duty and retailer commissions saw …
Read More »FDJ upgrades 2022 forecasts ahead of World Cup boost
Groupe FDJ has raised its full-year revenue and earnings forecasts, as the French gambling group anticipates a strong finish to 2022. Providing a Q3 trading update (period ending 30 September), FDJ recorded a 12% increase in corporate revenues to €592m. The Paris Euronext firm continues to benefit from the full recovery of Française des Jeux (FDJ) retail network benefitting the …
Read More »Nigel Birrell: Lottoland – High Court has missed the opportunity to help innovators
Nigel Birrell, Chief Executive of Lottoland, has published an official statement following the High Court of England & Wales’ rejection of the combined ‘EuroMillions appeal’ against DCMS and its interested parties – the UKGC and National Lottery operator Camelot UK. This week, Lord Justice Green and Justice Gross rejected Lottoland and Multi Lotto UK’s February High Court appeal seeking to annul DCMS approved ‘Gambling …
Read More »Camelot drives changes across its range of games
Camelot UK Lotteries have announced Lotto and EuroMillions alterations, in addition to preliminary details of a brand new game set to launch, following a recent company wide strategic review. Identifying improvements to the National Lottery range of games as “one of four key areas where action was needed,” it’s striving to “get back into long-term, sustainable growth” and maximise contributions …
Read More »Lottery firms plead for suspension of Parliamentary approval
The Lotto Betting Group is calling for Matt Hancock, the Secretary of State for Digital, Culture, Media and Sport (DCMS), to suspend a parliamentary process related to EuroMillions betting. The four companies who make up this opposition, World Lottery Club, Lottoland, Jackpot.com and Multilotto, currently exploit a loophole allowing punters to make cut price wagers on the EuroMillions draw. Launched …
Read More »Lottoland unveils Irish Red Cross partnership
Online lottery operator, Lottoland has unveiled a new initiative that will see the digital makeover of the Irish Red Cross ambulance fleet nationwide. Lottoland emphasised that it opted to partner with the Irish Red Cross for 2018, because of the variety of its humanitarian projects both at home and abroad, and the success it has had across many different types …
Read More »Business Briefs – featuring Christmas cheer, profits and parties
The round up includes news of a fresh UKGC license being granted, Australian and American full year and Q3 results and Christmas promotions getting underway as the festive season begins. Aristocrat posts positive results A record revenue figure of $2.45bn has been announced by Aristocrat in its full year results, a 15.3% increase from the $2.1bn shown for the previous …
Read More »Lottoland Nigel Birrell slams DCMS for ‘judgement with no evidence’ on EuroMillions betting
Nigel Birrell, the Chief Executive of online lottery operator Lottoland, has slammed the UK government’s decision to ban betting on non-UK EuroMillions’ games. “We believe that today’s decision is unjustified, and sets a dangerous precedent for policy-making on the basis of no evidence,” he said. “It will do nothing but stifle innovation in the sector.” Yesterday, remote lottery operators were …
Read More »UK DCMS bans third party betting on EuroMillions’ games
The UK government has moved to ban all third party bets on the outcome of EuroMillions lottery draws. Issuing a market update this morning, the UK Department for Digital, Culture, Media & Sport (DCMS) states that it undertakes it decision following an industry consultation launched back in March 2017. DCMS will introduce new licencing provisions, which will ban UK consumers …
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