Tag Archives: fdj

FDJ focuses on delivering ‘2020 savings plan’ as covid drains momentum

Française des Jeux (FDJ) has stated that ‘many uncertainties remain’ as the French national lottery operator seeks to return to ‘a comparable level of activity’ with 2019 trading.  Publishing its first interim results as a Paris Euronext enterprise, FDJ said that COVID-19 impacts have wiped out the firm’s ‘early momentum’ as total group wagers declined by 18% to €6.8 billion …

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SBC Digital Summit: Stamping out corruption as lesser leagues take centre stage

Sports betting integrity has become even more prominent as smaller leagues, such as the Belarusian Premier League, receive high scale attention due to the limitation of live-sports.  However, in order to prevent these small scale tournaments from being susceptible to match fixing Andrew Ashenden, Chief Commercial Officer at Stats Perform, has called for every sector in the industry to work …

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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 secures ‘favourable’ €380m loan to repay French state duties

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 …

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FDJ secures top French & Euro markets accreditations 

High-flying Française des Jeux (FDJ) has confirmed that it has indexed as a Bourses Françaises’ SBF-120 enterprise, having recently published its first corporate results as a Paris Euronext company. Having declared ‘record lottery sales’ of €17bn across it expanded French retail network, leading to group revenues breaking the €2bn mark and corporate earnings of EBITDA €350m, Paris’ Bourses Committee recognised …

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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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French ANJ unified gambling authority inbound for spring 2020

Isabelle Falque-Pierrotin, State Councillor for France’s ‘National Commission for Data Protections’, has announced that her department will soon unveil its new government structure managing regulatory oversight of French gambling. Regarded as France’s leading civil servant on digital enterprise and consumer ethics, last October the En Marche government appointed Falque-Pierrotin to spearhead the development of L’autorité Nationale des Jeux (ANJ) – French …

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Tabcorp eyes joining the National Lottery’s hot pursuit

Australia ASX-listed Tabcorp Holdings will renew an ambition to establish its presence within UK gambling, as it prepares to bid for the 2023 National Lottery operating contract. The Daily Telegraph reports that Tabcorp governance has held discussions with investment bank Rothschild, one of four strategic advisors forming the UKGC’s tender evaluation body. A turbulent 2019 saw Tabcorp governance criticized by …

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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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SAZKA CEO confirms 2020 National Lottery bid

SAZKA Group Chief Executive Robert Chvátal has confirmed that the growth-hungry gambling conglomerate will launch an official 2020 bid competing to win the UK’s fourth National Lottery contract starting in 2023. Stating SAZKA’s intent, Chvátal underlined that ‘investing in the UK is the next stop’, following a busy 2019 in which the Czech gambling fund secured majority shareholdings in OPAP …

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