Tag Archives: FL Entertainment

FL Entertainment confident in betting business after ‘solid results’ close Q3

betclic, FL Entertainment

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 …

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Bet-at-home revises 2023 expectations citing adverse Q3 results

Bet-at-home revises 2023 expectations citing adverse Q3 results

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 …

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Betclic rolls out Players Props in Portugal, Poland and African countries

SBC News Betclic rolls out Players Props in Portugal, Poland and African countries

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 …

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Betclic double-digit growth helps FL raise 2023 targets

SBC News Betclic double-digit growth helps FL raise 2023 targets

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 …

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Betclic scores title sponsorship of Liga Portgual

betclic, FL Entertainment

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 …

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FL Entertainment hails Betclic as content slowdown drags Q1 results 

betclic Fl Entertainment

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 …

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Betclic World Cup gains boost FL Entertainment’s Amsterdam status 

SBC News Betclic World Cup gains boost FL Entertainment’s Amsterdam status 

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. …

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Betclic CEO Nicolas Béraud calls for regulation of French igaming

Betclic CEO Nicolas Béraud calls for regulation of French igaming

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. …

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FL reviews capital options to expand betting and entertainment units

SBC News FL reviews capital options to expand betting and entertainment units

Betclic Everest owner FL Entertainment has reaffirmed its full-year 2022 guidance as the Pan-European media and entertainment conglomerate completes a successful year-1 listing on the Amsterdam Euronext.  Updating investors, FL cited that it had “enjoyed strong momentum across its two business lines of media production and sports betting throughout 2022’. Flagship sportsbook subsidiary Betclic had “registered high double-digit growth in …

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bet-at-home renews German licences for critical 2023

SBC News bet-at-home renews German licences for critical 2023

bet-at-home AG has reassured its commitment to growth in its home market of Germany, having renewed its online gambling licences.   On 22 December, the embattled Frankfurt Boerse betting group announced that it had been granted approval by the Darmstadt Regional Council to renew its sports betting licence to operate in Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) regime. The GlüNeuRStv sports …

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