Tag Archives: france

ANJ reveals new leadership team for French gambling

France’s newly formed L’Autorité Nationale des Jeux  (ANJ) has announced a number of new appointments to its senior leadership team as it looks to govern a new ‘unified era for French gambling’. Officially launched this June, the ANJ will serve as France’s ‘single regulatory agency’ for gambling, replacing ARJEL and further industry oversight responsibilities of the French Treasury and the …

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Betclic aims for highest French profile with Ligue 1 betting partnership

Betclic has announced its biggest sponsorship commitment to date after becoming the official betting partner of French football’s Ligue 1 and Ligue 2 championships. Confirmed this morning by France’s Ligue de Football Professional (LFP), Betclic will join French football’s roster of marquee sponsors, which includes UBER Eats as headline sponsor Ligue 1 and BKT tyres as lead sponsor of Ligue …

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Paris tracks face second shutdown as government changes coronavirus policy

The French government has withdrawn its approval to allow racing to resume in areas still affected by the coronavirus outbreak, resulting in a suspension of racing at tracks including ParisLongchamp, Auteuil and Saint-Cloud. To mitigate the impact of COVID-19, the French government has recently classified different areas of the country into red and green zones – red being assigned to …

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FDJ accounts for €50 million Q1 COVID-19 damages 

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 …

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FDJ ups corporate guidance in preparation for action packed 2020

French lottery operator Française des Jeux (FDJ) has declared a ‘landmark year’ after publishing its first set of corporate results as a Paris Euronext Exchange enterprise. Citing growth across ‘all lottery verticals’, FDJ recorded a 9% increase in stakes to €17.2bn (FY2018: €15.8bn). FDJ said that it is now operating its largest point-of-sale network with a capacity of +30,000, leading …

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Industry eyes movements of freed FDJ giant

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 …

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Growth hungry FDJ acquires Bimedia ‘point-of-sale’ network

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 …

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Skrill launches ‘Knect’ next-level rewards programme

Skrill has launched its ‘Knect’ customer loyalty programme including the most comprehensive rewards scheme for modern digital consumers and merchants. The Paysafe Group subsidiary details that its new Knect programme has been developed to reward customer loyalty with Skrill partners by providing players with further value on their payment transactions. The Knect programme allows Skrill customers to earn points for using …

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En Marche hails FDJ’s IPO success

France’s Economic & Finance Minister Bruno Le Maire has hailed the public listing of Française des Jeux (FDJ) as a success for the government’s ‘Pacte Loi’ enterprise mandate – as FDJ secures a share subscription to date of over €1 billion on the Paris Euronext Exchange. FDJ’s stock went live on Friday 8 November, with the French government adding listing terms …

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Home market adjustments impact Kindred’s YTD profits

Replicating market-wide trends, Stockholm-listed Kindred Group Plc cannot escape ‘challenging core market conditions’ as the company continues to experience headwinds in Sweden and the Netherlands. Publishing its latest year-to-date interim trading statement (unaudited period Jan-Sep 2019), Kindred maintains a positive revenue momentum at £677 million (YTD2018: £ 658m) – as governance underlines ‘strong locally licensed revenue growth at 33%’, highlighting growth …

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