Tag Archives: fdj

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 …

Efforts to reduce problem gambling are making progress but remain a priority, says French gambling regulator ANJ. The monitoring policy instituted by the Autorité Nationale des Jeux with the aim of preventing excessive gambling has paid off and produced “observable results” over the past 12 months, said the French gambling regulator. ANJ published its fourth report on the actions 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 …

SBC correspondent Jake Pollard reports on French racing’s tote monopoly Pari Mutuel Urbain (PMU) joining the AFJEL union to lobby on two key topics. The French tote operator Pari Mutuel Urbain has joined the country’s online gambling trade body AFJEL as part of a move to strengthen lobbying efforts by the industry on two key topics: online casino and the potential shape …

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 …

If Latin America was most often mentioned as the region of focus for both suppliers and operators during ICE London last week, when it came to France all the questions and industry chatter focused on whether online casino (or iCasino as the natives say) regulation was a real possibility in the near-to-medium term. This was perfectly illustrated during the roundtable …

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 …

Kindred Group Plc will continue to prioritise enhancing operating efficiencies and cost controls, with shareholders set to vote on the future of the Stockholm online gambling group. The focus on cost controls is required as Kindred published its Q4 and full-year 2023 results this morning, revealing period corporate losses of £19m (Q42022: £52m). Full-year accounts see profits ‘before tax’ decline …

Kindred Group Plc cites that improved customer interventions have led to a ‘slight decrease’ in revenue share generated from harmful gambling, recorded during the close of 2023. The Stockholm-listed gambling group continues to report on responsible gambling metrics and customer interventions on a quarterly basis as part of its ‘Journey towards Zero’- a social responsibility initiative launched in February 2021.  …

France’s gambling regulator Autorité Nationale des Jeux (ANJ) has placed reducing excessive gambling and the protection of minors at the heart of its 2024-26 strategic plan and has called on all economic and institutional stakeholders to work alongside it to reach those targets. ANJ’s plan marks the end of its first cycle of regulation since it succeeded ARJEL as industry …