Tag Archives: PMU

ANJ takes charge of new French gambling era

French gambling has begun its ‘unified era’ under the L’Autorité Nationale des Jeux (ANJ) which will replace l’Autorité nationale de régulation des jeux en ligne (ARJEL) as of today after board members held their first formal meeting. ANJ will act as a single regulatory body which oversees all forms of gambling in France, including online gambling, casinos, horse racing and …

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PMU appoints French racing figurehead Philippe Augier as new Chairman

French horseracing operator PMU has confirmed the election of Philippe Augier as new Chairman leading its corporate governance initiatives. Augier’s chairmanship was ratified following PMU’s annual general meeting and has received the approval of key racing stakeholders France Galop, as French horseracing’s governing body, and Le Trot – the operating company of French racing venues. The appointment sees PMU act swiftly …

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France Galop eyes May return for French Racing

France Galop, the governing body of French horseracing, is awaiting government approval to restart its racing schedule behind closed doors. Updating the media, France Galop seeks to resume its track meetings in May following the enforced suspension of all French professional sports on 17 March, complying with the government’s national lockdown orders. This weekend, President Emmanuel Macron confirmed that France’s …

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Revived PMU posts back-to-back racing growth

France’s Pari Mutuel Urbain (PMU) details confidence in its ‘revitalisation programme’ reporting consecutive growth quarters for its racing vertical. Updating PMU stakeholders this week, Chief Executive Cyril Linette revealed that French racing wagers during Q2 and Q3 trading had consecutively grown by 0.5% to €1.9 billion, an outcome that the PMU last witnessed in 2011. Despite a tough opening to …

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PMU appoints Malecaze-Doublet to lead critical marketing drive

Seeking to revive French racing prospects, Pari-Mutuel Urbain (PMU) has confirmed the appointment of Emmanuelle Malecaze-Doublet as Group Marketing Director. A key member of PMU’s new executive team formed under the leadership of CEO Cyril Linette, Malecaze-Doublet had formerly served as PMU CFO having joined the French legacy operator from US management consultancy firm McKinsey-&-Company last September. Malecaze-Doublet takes charge …

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2018 losses see France Galop back PMU revitalisation programme

The executive committee of France Galop, the governing body of French horseracing, has reported group-wide losses of €21 million as part of its 2018 accounts. France Galop, who shares ownership of French racing operator PMU alongside counterpart Le Trot Francais, details that 2018 horseracing revenues were significantly down on forecasted targets. “The net result of the PMU for 2018 is set …

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Cyril Linette orders tough measures to revive declining PMU

The new executive leadership team of French racing operator Pari Mutuel Urbain (PMU) has presented its new ‘operating roadmap’ to French media outlining the firm’s corporate recovery and transformation strategy. Having undertaken an internal review, new Chief Executive Cyril Linette, the executive appointed by France Galop and Le Trot to ‘reinvigorate the PMU’, has outlined a series of efficiencies, which …

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BetConstruct integrates Live Horse Racing through PMU deal

BetConstruct has secured an international agreement with PMU – the leading horse race betting organisation in France. PMU maintains and modernises hundreds of racetracks, as well as organising thousands of annual races eligible for betting. The agreement gives BetConstruct the opportunity to stream and provide betting markets for French horse racing. Philippe Thebault, PMU Area Manager, commented: “PMU is very happy …

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Winning Post: Changing perceptions of animal betting sports

In play - Copyright: gabe123 / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: Florida greyhounds – dog days are over Florida, home to the oldest continually operated dog track in the world (and one of the largest) has banned wagering on greyhound races in …

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PMU appoints ‘transformation expert’ Emmanuelle Malecaze-Doublet as new CFO

French racing operator Pari Mutuel Urbain (PMU) continues its ongoing executive management restructure confirming the appointment of Emmanuelle Malecaze-Doublet as new Chief Financial Officer (CFO). Malecaze-Doublet joins PMU leadership from US management consultancy firm McKinsey & Company, where she served as Associate Partner for French apparel and consumer goods industries. Working alongside new PMU Chief Executive Cyril Linette, Malecaze-Doublet will lead the PMU’s new …

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