Tag Archives: France-Pari

France Pari rebrands to Sportnco Gaming Group 

France Pari, the operating company of sportsbook systems provider Sportnco, has changed its business identity to Sportnco Gaming Group.  The rebrand reflects the group’s new technology ambitions as a B2B sportsbook systems and platform provider servicing Tier-1 global gambling incumbents. France Pari launched in 2008 as France prepared to launch its sports betting marketplace. The Toulouse-based outfit operated a B2C …

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Sportnco maintains legacy sportsbook partnership with NetBet.fr

NetBet.fr, the French online sportsbook property of GIMO Ltd, has extended its existing sportsbook platform agreement with Sportnco – the B2B division of France Pari. Updating stakeholders, NetBet.fr management confirms that it has renewed Sportnco lead sportsbook supplier provisions until February 2025, a contract which France Pari’s B2B subsidiary has served since 2010. Sportnco sportsbook systems will service NetBet.fr for key …

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France Pari nets BNP Paribas venture support for Sportnco B2B ambitions

French sports betting technology incumbent France Pari has boosted is capital structure, confirming that multi-national investment bank BNP Paribas has acquired a minority shareholding in its business. Updating the market, France Pari governance confirms that BNP Paribas’ enterprise investment unit ‘BNP Paribas Developpment’ has undertaken a €2 million investment in the company, with proceeds used to enhance its B2B Sportnco …

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France Pari enters Spanish betting market with Suertia acquisition

Seeking to expand its services into new markets French betting operator France Pari has this morning announced that it has acquired 100% equity in Spanish licensed online betting firm Suertia.es. The governance of France Pari chose not to disclose deal terms. However, it stated that the acquisition would contribute immediately to its revenues and earnings. France Pari CEO Herve Schlosser …

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France-Pari posts first ever earnings and profits

French licensed sports betting operator France-Pari has declared its first ever profits, as the operator posted EBITDA earnings of €500,000 (FY 2013: -€200,000). The operator’s positive EBITDA performance transferred to net profits of €300,000, compared to the €700,000 in operational earnings loss posted in 2013 Company governance stated that the turnaround to positive earnings results had been driven by growth …

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France Pari records strong 2014 with 46% revenue uplift

French sports betting operator France Pari finished a positive 2014, reporting increased revenues of €17.9 million up 46% on 2013 performance (€12.5 million). France Pari stated that its strong 2014 performance had been driven by increased player activity combined with improvements to its betting verticals and markets. The operator performance was further aided by the 2014 FIFA World Cup, which …

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France-Pari on a roll for three consecutive quarters

French operator France-Pari has announced that it has made a profit for three consecutive quarters. During the third quarter 2014, the company’s revenues grew up to €4.1 million compared to €3.2 million for the same period in 2013. Company EBITDA for the quarter amounted to €115,000 and net income to €70,000. Cumulative revenues for the first three quarters of 2014 …

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France-Pari sees 28% revenue growth for Q3 2014

French licensed sports betting operator France-Pari, reported a 28% increase in revenues for its Q3 2014 performance. The Paris based sports betting operator posted revenues of €4.1 million (£3.2 million) up on from €3.2million (£2.5 million) recorded for the corresponding quarter of 2013. The improved performance in gaming revenues saw the company post EBITDA of €115,000 France-Pari senior management reported …

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