Tag Archives: Groupe FDJ

CMA orders SpreadEx to prove ‘competitive distinction’ of Sporting Index buyout

SBC News CMA orders SpreadEx to prove 'competitive distinction' of Sporting Index buyout

The Competition and Markets Authority (CMA) is investigating the acquisition of Sporting Index by Spreadex Limited and its impact on the UK’s spread betting market.  The deal was announced in November 2023, with SpreadEx agreeing on ‘undisclosed terms’ with Groupe FDJ to acquire spread betting rival Sporting Index. On 15 January, the CMA announced that it had launched an inquiry, …

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FDJ lauds ‘exceptional performance’ of its 2022 recovery

fdj

Groupe FDJ states that it is back to its ‘intended Paris IPO trajectory’ following ‘very strong 2022 results’, benefitting from France’s post-COVID recovery and World Cup 2022 performance.  Publishing its full-year 2022 results, FDJ achieved corporate revenues of €2.49bn, up 9% on FY2021 comparative results of €2.2bn. The Paris EuroNext group hailed an “exceptional environment” for all units that achieved …

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FDJ agrees to acquire ZEturf for €175m

zeturf

Groupe FDJ continues its M&A expansion, announcing that it has entered an agreement to acquire French racebook operator ZEturf Group. This morning FDJ notified investors that it had concluded negotiations with ZEturf leadership, settling on “a transaction valued at €175m”. Founded in 2001 by the Rohan Chabot family, ZEturf operates the ZEbet online racebook, which in 2004 was granted rights …

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FDJ expands international B2B presence via Israeli and Swiss deals

FDJ

Groupe FDJ has extended its international reach, striking agreements with the Israeli Sports Betting Board (ISBB) and Loterie Suisse Romande. The French national lottery and betting operator’s B2B brand, FDJ Gaming Solutions, will provide its ELITE terminals to the ISBB, Israel’s sports wagering monopoly.  FDJ Gaming Solutions will deliver a total of 2,000 camera-based terminals to Israel’s sports betting retail …

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FDJ hails lottery recovery ahead of tech upgrades

SBC News FDJ hails lottery recovery ahead of tech upgrades

Groupe FDJ has reported a strong first half of the year, benefitting from the full recovery of its French lottery network, but also issued a warning on economic headwinds impacting the French economy. Publishing its H1 trading results, FDJ reported group revenues of €1.2bn, up 12% on corresponding 2021 results of €1.08bn. H1 trading saw FDJ generate total stakes (lottery …

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FDJ eyes Aleda buyout to recharge network payment capacity  

FDJ

Groupe FDJ has disclosed to markets that it has entered ‘exclusive negotiations’ to acquire Aleda – the point-of-sale (POS) payments solutions provider for its Française des Jeux (FDJ) lottery network. Updating investors, FDJ outlined that the acquisition of Aleda formed part of the group’s ‘tech development strategy’ Previous corporate updates have seen group leadership underscore that FDJ will seek to …

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FDJ appoints M&A expert Philippe Lazare to its board 

SBC News FDJ appoints M&A expert Philippe Lazare to its board 

Groupe FDJ has announced the appointment of Philippe Lazare as a  non-executive corporate advisor of the Paris Euronext gambling group.  The French business figurehead will serve on FDJ’s corporate committee for governance, remuneration and appointments.  Lazare (65) is the former Chief Executive and Chairman of leading French payment systems provider Ingenico (2007-to-2020). During his leadership tenure,  Lazare is credited with …

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FDJ targets Paris Gold launching ‘Elite Femmes’ cycling competition

SBC News FDJ targets Paris Gold launching ‘Elite Femmes’ cycling competition

Française des Jeux (FDJ), France’s national lottery operator has launched the first edition of its ‘Coupe de France Elite Femmes’ pro-cycling competition, in partnership with the French Cycling Federation (FFC).  A first of its kind event for women’s pro-cycling, the Coupe de France is an eight-round back-to-back multi-format race competition that will help Team France test cycling routes and prepare …

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FDJ deepens Corporate Foundation remit to promote equality

SBC News FDJ deepens Corporate Foundation remit to promote equality

Groupe FDJ has renewed its ‘Corporate Foundation’, expanding its responsibility charter to promote equal opportunities and social mobility across all components and stakeholders of its business.  The board of FDJ has announced ‘a new five-year cycle’ of the Foundation that will be funded with a budget of €25 million – a 25% increase compared to the 2018-2022 charter. The Foundation …

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FDJ recruits Coca-Cola’s Bastien to lead new sales drive 

SBC News FDJ recruits Coca-Cola’s Bastien to lead new sales drive 

Groupe FDJ, the operating company of Française des Jeux, France’s national lottery operator, has confirmed the appointment of Isabelle Bastien as new Group Chief Commercial Officer (CCO).  Bastien has joined FDJ’s executive committee and will be charged with leadership of Paris Euronext gambling group’s sales force activities and B2B trade marketing teams. A mass-market retail expert, Bastien joins FDJ from …

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