Tag Archives: FL Entertainment

Betclic parent company Banijay Group ’s online sports betting and gaming revenues shot up +41.7% YoY to €698m and an adj. EBITDA rise of 35,.5% to €176.4m in H1 thanks to the busy Q2 sporting calendar that featured the UEFA Euro 2024 and Copa America football championships and the Tour de France.  The Q2 events drove +52.5% growth for the …

Strong growth from Betclic enabled its parent company Banijay Group to record a 10% rise in revenue in Q1 to €1bn and issue a raised EBITDA growth guidance from high single digits to low teens for 2024.  CEO Francois Riahi said this was due mainly to the strong outlook for OSB and iCasino, where revenues were up 31% to €321m …

FL Entertainment expects ‘positive momentum’ for its online betting and gaming segment to continue into 2024 despite hurdles faced by bet-at-home, with the Betclic Everest Group being its primary source of confidence. The Paris-based pan-European entertainment group, which is the parent company of Betclic and the majority shareholder in bet-at-home, reported group-wide revenue of €2.9m for the nine months ending …

Bet-at-home AG has revised its financial outlook for the remainder of 2023 trading as it continues to face hurdles impacting its sports betting operations. The board of the Frankfurt Boerse-listed online gambling group now expects full year revenue to be in the range of €44m-48m, around 12% to 3% less than previous projections of between €50m-€60m. However, EBITDA is expected …

Betclic has expanded its live players props offering to new territories in an extended partnership with WSF Odds. Following reported initial success In Italy – which saw Betclic become the world’s first bookmaker to offer live Players Props betting for major football leagues in the country – the operator has now decided to roll out the feature in Portugal, Poland …

FL Entertainment has raised its full-year 2023 EBITDA guidance to €750m, as the Amsterdam Euronext media conglomerate benefits from M&A expansion and the enhanced performance of its betting and gaming business. Publishing its H1 Interim trading results, FL, the parent company of Betclic and majority shareholder of Bet-at-Home AG, reported corporate revenues of €1.92bn, marking a 6.8% year-on-year increase on …

Betclic has announced its biggest marketing commitment to the Portuguese market, becoming the ‘official title sponsor’ of Liga Portugal. Commencing this season and continuing through to 2027, Portugal’s top-flight football league will be named Liga Portugal Betclic. It will be featured across all branding rights, including IP, digital communications, marketing, and content generation opportunities. The partnership, brokered by the international …

FL Entertainment has highlighted the importance of its Betclic business, as the Pan-European media group maintains growth despite encountering ‘seasonal difficulties’ impacting its content and distribution units. Publishing its Q1 2023 trading update, the Amsterdam Euronext group matched corresponding 2022 revenue results of €900m. The stagnant revenue results were attributed to FL’s Content Production unit, registering a 5% decrease in …

FL Entertainment has hailed the positive contribution of its Betclic Everest subsidiary to achieving the objectives of its merger and transformation as a new Amsterdam Euronext enterprise.  The pan-European entertainment group which in H1 listed on the Amsterdam Exchange merging the assets of Banijay Media and Betclic Everest achieved total revenues of €4.05bn – a result matching its upper-end guidance. …

French authorities need to do more to regulate online casino games and counter the wider threat of illegal gaming, according to a prominent c-level executive in the country. Nicolas Béraud, Founder and CEO of Betclic, shared his views on French regulation with radio station franceinfo, arguing that the government must bring icasino regulations in line with those imposed on wagering. …