Tag Archives: PMU

2018 losses see France Galop back PMU revitalisation programme

The executive committee of France Galop, the governing body of French horseracing, has reported group-wide losses of €21 million as part of its 2018 accounts. France Galop, who shares ownership of French racing operator PMU alongside counterpart Le Trot Francais, details that 2018 horseracing revenues were significantly down on forecasted targets. “The net result of the PMU for 2018 is set …

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Cyril Linette orders tough measures to revive declining PMU

The new executive leadership team of French racing operator Pari Mutuel Urbain (PMU) has presented its new ‘operating roadmap’ to French media outlining the firm’s corporate recovery and transformation strategy. Having undertaken an internal review, new Chief Executive Cyril Linette, the executive appointed by France Galop and Le Trot to ‘reinvigorate the PMU’, has outlined a series of efficiencies, which …

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BetConstruct integrates Live Horse Racing through PMU deal

BetConstruct has secured an international agreement with PMU – the leading horse race betting organisation in France. PMU maintains and modernises hundreds of racetracks, as well as organising thousands of annual races eligible for betting. The agreement gives BetConstruct the opportunity to stream and provide betting markets for French horse racing. Philippe Thebault, PMU Area Manager, commented: “PMU is very happy …

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Winning Post: Changing perceptions of animal betting sports

In play - Copyright: gabe123 / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: Florida greyhounds – dog days are over Florida, home to the oldest continually operated dog track in the world (and one of the largest) has banned wagering on greyhound races in …

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PMU appoints ‘transformation expert’ Emmanuelle Malecaze-Doublet as new CFO

French racing operator Pari Mutuel Urbain (PMU) continues its ongoing executive management restructure confirming the appointment of Emmanuelle Malecaze-Doublet as new Chief Financial Officer (CFO). Malecaze-Doublet joins PMU leadership from US management consultancy firm McKinsey & Company, where she served as Associate Partner for French apparel and consumer goods industries. Working alongside new PMU Chief Executive Cyril Linette, Malecaze-Doublet will lead the PMU’s new …

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Sportium ESP expands racing live inventory with French PMU

Ladbrokes and Grupo Cirsa, Spanish market bookmaker Sportium has announced that it will amplify its horseracing inventory by adding the syndicated content of French racing operators Pari Mutuel Urbain (PMU). Agreeing on partnership terms, Sportium will be able to offer PMU French racing days and events, which will further be streamed across Sportium betting platforms (land-based and digital). Working on …

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Sky Sports to be exclusive home of French Racing

Sky Sports Racing has been revealed as the UK and Ireland’s exclusive pay TV broadcast home of French racing, on a three year deal from January 1 of next year, PMU and At The Races have announced. Furthermore, At The Races is to also become the PMU’s online video streaming provider within both regions, with a full service of over …

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French Court charges PMU of anti-competitive practices during 2010 separation

The Paris High Court of Appeals has upheld an original verdict against state-owned racing operator Pari Mutuel Urbain (PMU) with regards to ‘abusing its position of influence by enacting anti-competitive business practices’. PMU governance had challenged a February 2018 ruling by France’s Commercial Tribunal against the betting firm, which had deemed its horseracing operations between 2010-2015 as restrictive to licensed …

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PMU appoints Antoine Levan to lead rebrand

French state-owned racing operator Pari Mutuel Urbain (PMU) has announced the appointment of Antoine Levan as new Marketing Director. Levan joins PMU leadership, from French household appliances manufacturer Conforama where he held the position of Director of Marketing & Communications (2016-2018). Furthermore, Levan serves on the Board of Directors for French media/advertising trade body ‘Le Club des Annonceurs’.   Confirming the appointment …

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PMU appoints new leadership duo to revive French racing prospects

French state-owned racing operator Pari Mutuel Urbain (PMU) has moved to restructure its senior executive leadership team, confirming the appointments of Cyril Linette as new Group Chief Executive, supported by Bertrand Meheut as Group Chairman. The executive appointments have been approved by the PMU’s governance stakeholders of France Galop (racetrack operator), LeTROT French racing’s governing body and the French Ministry …

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