Tag Archives: François Riahi

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 …

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 …

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 …

Multimedia betting, gaming and content production company FL Entertainment has reported a strong performance across the board in Q3, despite the liquidation of its bet-at-home brand, with trading bolstered by the Betclic sportsbook and Banijay content division. Updating its Amsterdam Euronext investors on third quarter and year-to-date trading performance, the Paris-based multinational company reported group-wide revenue of €2.7bn from January-September, improving 15% …

Betclic has become central in the plans to establish ‘FL Entertainment’ – a new Pan-European entertainment conglomerate that seeks to list on the Amsterdam Euronext Exchange, targeting a + €7 billion valuation. Yesterday, French media mogul Stéphane Courbit ordered for his Banijay (Zodiak + Endmol Shine) entertainment venture to be merged with Betclic Everest to form FL Entertainment. Deal makers …