Tag Archives: france

New government’s tax hikes set to increase burden on “most heavily taxed sector” in Europe, says casino trade body, with online operators’ marketing spend also set to be targeted     France is preparing to increase taxes on its gambling companies as part of new Prime Minister Michel Barnier’s plan to raise €500m that would go towards reducing the country’s debt …

Groupe Française des Jeux (Groupe FDJ) will move to conclude its acquisition of Kindred Group Plc on 2 October. The Paris Euronext gambling group declared to markets its intentions to bring forward the acceptance period for investors to approve its €2.6bn offer to acquire Kindred Group. On Monday, FDJ’s deal secured its approval from France’s Competition Authority, clearing all mandatory …

UK advertisers and media platforms have been drawn to a ‘provisional assessment’ by the Competition and Markets Authority (CMA) scrutinising Google’s practices. Published on 6 September, the CMA disclosed a series of ‘provisional objections’ regarding how Google’s policies and practices favour its ad-tech solutions. Due for further investigation, the CMA suspects that “Google may have broken competition law by using …

Rights holder will pay rumoured €500m per year to broadcast eight out of nine matches of France’s top football league every matchday  France’s Ligue 1 McDonald’s has agreed a five-year deal worth a reported €500m per year with DAZN and BeIN Sports giving the broadcasters the rights to screen matches from the country’s top football league.  According to press reports, …

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 …

Française des Jeux’s (FDJ) H1 revenue climbed 11% YoY to €1.4bn thanks to contributions from Zeturf and Premier Lotteries Ireland (PLI) and a 15% rise in its online betting and gaming activities to €294m that were boosted by “exceptionally favourable” sports results. The Zeturf and PLI acquisitions helped the group’s digital revenues rise 40% to €201m (+25% like-for-like) thanks to …

AFJEL, the trade body representing France’s regulated online betting operators, has blamed illegal bookmakers targeting French punters for a poor Euro 2024, which revealed  “surprisingly low or even decreasing figures” for the country’s legal bookmakers when compared with past major sporting events. The association said data from dot.fr bookmakers showed that Euro 2024 stakes were flat compared to Euro 2020 …

As political machinations dominate French news, Laurent Lassiaz, CEO of France’s second largest casino operator JOA Group, speaks to Gaming&Co and SBC about accessing the digital sphere, land-based growth and strategic forks in the road. Casinos play a very important role in France’s gambling landscape. With just over 200 land-based casino establishments dotted around the country’s coastal and thermal resorts, …

BetConstruct has partnered with Gaming1 in launching a new sportsbook licensed in France named Circusbet.fr. The deal aims to enhance the sports betting landscape in the region. Meanwhile, the integration with Gaming1 through the White Label solution looks to underline BetConstruct’s ‘flexible and dynamic’ approach to fostering partnerships that enhance user experience and market reach. David Ozararat, Président of BetConstruct …

How will snap parliamentary elections, and a government potentially led by the far right, reshape France’s gambling sector?  Emmanuel Macron’s surprise decision to call snap legislative elections in the wake of the success of France’s far right Rassemblement National at the European elections has caused uncertainty among the country’s gaming and sports betting industry and major ructions among the country’s …