Tag Archives: fdj

FDJ puts Europe on notice with Kindred move

SBC News FDJ puts Europe on notice with Kindred move

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 …

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Kindred closes tough 2023 on stable results as key investors back FDJ takeover

SBC News Kindred closes tough 2023 on stable results as key investors back FDJ takeover

Kindred Group Plc has detailed improved financial results and corporate KPIs, closing full-year 2023 trading. The board of the Stockholm-listed online gambling group published a preliminary trading update due to the €2.6bn takeover offer tabled this morning by Groupe Française des Jeux (Groupe FDJ). Q4 results saw Kindred achieve period revenues of £313m, reflecting a 2% increase on 2022 comparatives …

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French casinos call out FDJ in letter to PM Attal

SBC News French casinos call out FDJ in letter to PM Attal

France’s largest casino groups have written to the new Prime Minister Gabriel Attal excoriating Française des Jeux (FDJ) for its aggressive expansionary policies and the “monopolistic advantages” that enable the former state-owned company to operate across all verticals and channels in the country. The letter, seen by the newspaper Les Echos, was signed by the CEOs of the Barrière, Partouche, Tranchant …

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FDJ takes centre stage on French gambling’s regulatory affairs

SBC News FDJ takes centre stage on French gambling’s regulatory affairs

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 …

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Market Make-Up: French football sees battle on margin control…

SBC News Market Make-Up: French football sees battle on margin control...

In a new series, SBC Correspondent Jake Pollard dissects the intricacies of pricing European betting markets, for their unique and respective audiences. Supported by Propus Partners, Part 1 examines French football markets priced by a diverse cast of bookmakers, competing in a marketplace where margins and market share are impacted by markets offered, pay out ratios capped at 85% and …

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ANJ reveals France’s €1.5bn exposure to black market casinos

SBC News ANJ reveals France's €1.5bn exposure to black market casinos

Long-awaited study confirms estimates of illegal market as 3 million French players visit unlicensed sites , as study estimates play on illegal casino to be between €748m and €1.5bn in GGR… Illegal online casinos targeting France are estimated to generate between €748m and €1.5bn in GGR, according to a study commissioned by the Autorité Nationale des Jeux (ANJ), the country’s …

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FDJ in talks for exclusive dot FR iCasino licence

SBC News FDJ in talks for exclusive dot FR iCasino licence

Sources suggest that France’s national lottery operator could be in line for exclusive iCasino licence…   Could lottery operator Française des jeux be about to agree a deal with the French government that would see it become the only company licensed to operate online casino games in the country? According to French industry sources, FDJ and the country’s authorities are working …

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Spreadex buys spread betting pioneer Sporting Index from FDJ

SBC News Spreadex buys spread betting pioneer Sporting Index from FDJ

Spreadex has acquired long-standing rival Sporting Index, agreeing on buyout terms with owner Groupe FDJ. As reported by Racing Post on Monday, FDJ agreed to sell Sporting Index to spread betting rival Spreadex, with the latter choosing to “remain tight lipped on deal terms.” Founded in 1992, Sporting Index is recognised as the pioneering company in spread betting, providing odds …

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FDJ closes €380m PLI deal to begin Irish journey

fdj

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 …

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FDJ hits lotto drags ahead of ZEturf and PLI enlargement

SBC News FDJ hits lotto drags ahead of ZEturf and PLI enlargement

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 …

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