Tag Archives: Stéphane Pallez

Française des Jeux (FDJ) Chairwoman and CEO Stéphane Pallez has praised the group’s first quarter performance as online sports betting and gaming revenues rose 9.5% YoY to  €141m as overall group revenues rose 7% to €710m and that it was “confidently pressing ahead” with its proposed €2.4bn acquisition of Unibet parent Kindred Group. Updating markets, FDJ noted that completion of …

Française des Jeux (FDJ) will continue to focus on the international development of its lottery and online sports betting and gaming activities to enable the group to become “a leading international gaming” business in 2024 and beyond. Writing in FDJ’s annual report, CEO Stéphane Pallez said the group has set itself the aim to “deploy our strategy with determination” in …

Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc. The Paris Euronext gambling group secures its Swedish market’s financial authorisation to formally launch its SEK 130 (€11.40) per share offer to acquire Stockholm-listed Kindred Group, a deal announced on …

Groupe FDJ lauds its improved operating efficiencies to overcome a year of stagnant results in its flagship Française des Jeux (FDJ) lottery offering. This morning, the Paris Euronext gambling group published its full-year 2023 accounts, declaring corporate revenues of €2.61bn, up 6% on FY2022 comparative income of €2.46bn. Corporate leadership underlined new efficiencies achieved in 2023, as FDJ’s recurring EBITDA …

The news that the board of Unibet’s parent company Kindred Group has approved a €2.6bn cash offer from La Française des Jeux (FDJ) comes at a crucial time for the online gambling industry in France, and further rocks the competitive landscape of European gambling across all verticals… For FDJ the announcement follows its acquisitions of Premier Lotteries Ireland and ZEturf …

SBC Correspondent Jake Pollard reports on the power plays of FDJ, as regulatory discussions turn to French gambling’s pending evolution… The Autorité Nationale des Jeux’s (ANJ) recent report into the illegal online casino market in France confirmed previously published estimates of its size, value and exposure to consumers. Yet, the question of its regulation and the possible outcome that Groupe FDJ may …

Groupe FDJ has finalised its €380m acquisition of Premier Lotteries Ireland (PLI), a transformative deal that will see the Paris Euronext lottery group take stewardship of the Irish National Lottery.  This morning, FDJ announced that it had acquired 100% of PLI share capital, taking control of the exclusive rights to operate the Irish National Lottery until 2034.  As declared on …

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 …

FDJ Group has further expanded its international operations through the acquisition of the Irish National lottery, whilst also reporting a strong trading performance throughout H1 2023. Française des jeux reported year-on-year revenue growth of 6% to €1.3bn (€1.2bn), accompanied by recurring EBITDA of €300m, representing a margin of 23.3% although a decline of 3% on €308m recorded in H1 2022. …

Française des Jeux (FDJ), France’s state-backed betting, gaming and lotteries operator, has reported a stellar start to 2023 trading, reporting ‘good momentum’ across all verticals. Group-wide figures for the first three months of the year saw FDJ’s revenue rise 5% to €662m (€628.9m) on a pro-forma basis, including the acquisitions of its point-of-sale (POS) payments provider Aleda and retail solutions …