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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French national lottery operator Francaise des Jeux (FDJ) has confirmed a major corporate initiative after becoming an official partner of the Paris 2024 Olympic and Paralympic Games. Continuing its investment in French sports development, FDJ will join the Paris 2024 organising committee. It has become a key stakeholder in the funding, planning and promoting of the biggest ever global sports …
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The Daily Telegraph has this weekend reported that the governance of Française des Jeux (FDJ) has held private discussions with investment bank Rothschild to assess options to compete in the UK National Lottery 2020 tender. A confident FDJ eyes its future opportunities having completed one of Europe’s biggest 2019 IPOs floating on the Paris Euronext Exchange this November, securing a …
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Jannie Haek, Chief Executive of Belgium’s national lottery operator ‘Loterie Nationale’, has been criticised for commenting on the potential privatisation of a state-owned asset. Belgium media had questioned Haek on whether the Loterie would replicate the privatisation of French gambling operator Française des Jeux (FDJ), which grabbed international business headlines by becoming one of Europe’s most successful IPOs in 2019. Offering …
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A newly privatised Française des Jeux (FDJ) has moved to strengthen its retail services by sanctioning a buyout of French payment solutions provider Bimedia. The newly listed Paris Exchange gambling enterprise confirms that it has ‘entered an agreement’ with European private equity fund Idinvest Partners to acquire its Bimedia asset for ‘less than €50 million’. Updating investors, FDJ governance states …
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Industry strategic consultancy Regulus Partners looks at the shifts in the French market, and the launch of a Christmas abstinence campaign France: FDJ IPO – plus ca change? As the IPO of FDJ looms (reportedly at the upper end of the price range on an over-subscribed book) ARJEL has reported another strong online market performance. Domestically regulated online revenue grew …
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France’s Economic & Finance Minister Bruno Le Maire has hailed the public listing of Française des Jeux (FDJ) as a success for the government’s ‘Pacte Loi’ enterprise mandate – as FDJ secures a share subscription to date of over €1 billion on the Paris Euronext Exchange. FDJ’s stock went live on Friday 8 November, with the French government adding listing terms …
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Bruno Le Maire, France’s Economic & Finance Minister, has confirmed that the En Marche government will maintain its ‘Pacte Loi’ agenda, authorising for the IPO of Française des Jeux (FDJ) to take place from 7-20 November. Confirming En Marche’s first privatisation, Le Maire has sanctioned for FDJ to list its shares on the Paris Euronext exchange as the French state sells …
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Opening the week, industry strategic consultancy Regulus Partners offers its insight into some of the topics facing the gambling industry over this last week, including SportPesa’s decision to withdraw from Kenya, the closure of Towcester racecourse, and the privatisation of FDJ. Kenya: taxation and regulation – hard lessons from a game over Kenya’s tempestuous few years of gambling ‘reform’ has now apparently …
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French casino trade union ‘Casinos de France’ has written to the En Marche government demanding that its planned sale of state-owned gambling/lottery operator Francaise des Jeux (FDJ) be undertaken on specific terms which do not hinder national casino incumbents. The trade union, which represents staff working across forty French private/independent casino operators including Groupe Barrière, Partouche and Tranchant, states that FDJ’s …
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