French online sportsbook and poker room Winamax has moved to expand its profile within Ligue 1, confirming that it has become the ‘principal shirt sponsor’ of Racing Club Strasbourg Alsace. Recognised as one of French football’s oldest teams (founded in 1906), for the next three Ligue 1 seasons’ Winamax confirms that ‘Le Racing will be wearing our red W, on …
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Française des Jeux (FDJ) has stated that ‘many uncertainties remain’ as the French national lottery operator seeks to return to ‘a comparable level of activity’ with 2019 trading. Publishing its first interim results as a Paris Euronext enterprise, FDJ said that COVID-19 impacts have wiped out the firm’s ‘early momentum’ as total group wagers declined by 18% to €6.8 billion …
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France’s newly formed L’Autorité Nationale des Jeux (ANJ) has announced a number of new appointments to its senior leadership team as it looks to govern a new ‘unified era for French gambling’. Officially launched this June, the ANJ will serve as France’s ‘single regulatory agency’ for gambling, replacing ARJEL and further industry oversight responsibilities of the French Treasury and the …
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Betclic has announced its biggest sponsorship commitment to date after becoming the official betting partner of French football’s Ligue 1 and Ligue 2 championships. Confirmed this morning by France’s Ligue de Football Professional (LFP), Betclic will join French football’s roster of marquee sponsors, which includes UBER Eats as headline sponsor Ligue 1 and BKT tyres as lead sponsor of Ligue …
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The French government has withdrawn its approval to allow racing to resume in areas still affected by the coronavirus outbreak, resulting in a suspension of racing at tracks including ParisLongchamp, Auteuil and Saint-Cloud. To mitigate the impact of COVID-19, the French government has recently classified different areas of the country into red and green zones – red being assigned to …
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A strong opening to 2020 trading for Francaise des Jeux (FDJ) has been halted by COVID-19 disruptions, said the company, impacting its lottery and sports betting retail networks. According to its Q1 2020 trading update, FDJ has recorded a 5% decline in stakes to €4.1 billion (Q12019: €4.3bn), underlining a 60% drop in retail sales since 16 March – the …
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French lottery operator Française des Jeux (FDJ) has declared a ‘landmark year’ after publishing its first set of corporate results as a Paris Euronext Exchange enterprise. Citing growth across ‘all lottery verticals’, FDJ recorded a 9% increase in stakes to €17.2bn (FY2018: €15.8bn). FDJ said that it is now operating its largest point-of-sale network with a capacity of +30,000, leading …
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Industry observers will be monitoring closely the first publication of Française des Jeux (FDJ) corporate results as a public enterprise, scheduled for release on Thursday 13 February 2020. Closing 2019, the French government hailed the success of FDJ’s oversubscribed IPO on the Paris Euronext Exchange, as the French lottery operator doubled its corporate valuation to €3.8 billion. Raising capital of …
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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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Skrill has launched its ‘Knect’ customer loyalty programme including the most comprehensive rewards scheme for modern digital consumers and merchants. The Paysafe Group subsidiary details that its new Knect programme has been developed to reward customer loyalty with Skrill partners by providing players with further value on their payment transactions. The Knect programme allows Skrill customers to earn points for using …
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