Tag Archives: Française des Jeux (FDJ)

Groupe FDJ has reported a ‘gradual recovery’ to its financial performance, as strong second-half lottery sales helped the company mitigate sustained Covid headwinds incurred earlier in the year. Completing its first year as a Paris Euronext enterprise, FDJ recorded full-year group stakes (lottery sales + sports betting wagers) of €16 billion, down 7% on corresponding FY 2019’s €17.1 billion. The …

Française des Jeux (FDJ) has confirmed that its sports betting brand ParionsSport will extend its current partnership with Olympique de Marseille until 2022. Having been a premium partner of Olympique de Marseille since 2018, FDJ’s ParionsSport will feature on the right shoulder of the team’s jersey for all league matches until the end of the 2021/2022 season. Stéphane Pallez, CEO …

A strong opening to 2020 trading for Francaise des Jeux (FDJ) has been halted by COVID-19 disruptions, said the company, impacting its lottery and sports betting retail networks. According to its Q1 2020 trading update, FDJ has recorded a 5% decline in stakes to €4.1 billion (Q12019: €4.3bn), underlining a 60% drop in retail sales since 16 March – the …

Française des Jeux (FDJ) has secured access to a €380 million syndicated loan, in which funds will be utilised to repay the French state’s agreed 25-year national lottery operating concession. Prior to becoming a publicly listed enterprise by floating on the Paris Euronext Exchange last November, the French government had granted FDJ a 25-year extension on its existing national lottery …

Industry observers will be monitoring closely the first publication of Française des Jeux (FDJ) corporate results as a public enterprise, scheduled for release on Thursday 13 February 2020. Closing 2019, the French government hailed the success of FDJ’s oversubscribed IPO on the Paris Euronext Exchange, as the French lottery operator doubled its corporate valuation to €3.8 billion. Raising capital of …

A newly privatised Française des Jeux (FDJ) has moved to strengthen its retail services by sanctioning a buyout of French payment solutions provider Bimedia. The newly listed Paris Exchange gambling enterprise confirms that it has ‘entered an agreement’ with European private equity fund Idinvest Partners to acquire its Bimedia asset for ‘less than €50 million’. Updating investors, FDJ governance states …

Addressing an audience of French business stakeholders, Bruno Le Maire – France’s Finance Minister – maintained the En Marche government’s schedule of selling state-owned lottery and betting operator Française des Jeux (FDJ) in 2019. Le Marie hinted at an event hosted by MEDEF, France’s enterprise association, that an FDJ sale could be completed by November of this year as En Marche …

Publishing its full-year 2018 accounts, French state-owned operator Francaise des Jeux (FDJ) has reported ‘a record year in business’ supported by an enhanced lottery portfolio and digital improvements. Updating the media and stakeholders, FDJ governance reports a record corporate turnover of €15.8 billion (+4.4%), of which €12.8 billion (+1%) was attributed to its flagship FDJ LOTO division. In its update, …