Tag Archives: Stéphane Pallez

FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

SBC News FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc. The Paris Euronext gambling group secures its Swedish market’s financial authorisation to formally launch its SEK 130 (€11.40) per share offer to acquire Stockholm-listed Kindred Group, a deal announced on …

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FDJ maintains growth as lotto loses shine in 2023

SBC News FDJ maintains growth as lotto loses shine in 2023

Groupe FDJ lauds its improved operating efficiencies to overcome a year of stagnant results in its flagship Française des Jeux (FDJ) lottery offering. This morning, the Paris Euronext gambling group published its full-year 2023 accounts, declaring corporate revenues of €2.61bn, up 6% on FY2022 comparative income of €2.46bn. Corporate leadership underlined new efficiencies achieved in 2023, as FDJ’s recurring EBITDA …

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FDJ puts Europe on notice with Kindred move

SBC News FDJ puts Europe on notice with Kindred move

The news that the board of Unibet’s parent company Kindred Group has approved a €2.6bn cash offer from La Française des Jeux (FDJ) comes at a crucial time for the online gambling industry in France, and further rocks the competitive landscape of European gambling across all verticals… For FDJ the announcement follows its acquisitions of Premier Lotteries Ireland and ZEturf …

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FDJ takes centre stage on French gambling’s regulatory affairs

SBC News FDJ takes centre stage on French gambling’s regulatory affairs

SBC Correspondent Jake Pollard reports on the power plays of FDJ, as regulatory discussions turn to French gambling’s pending evolution… The Autorité Nationale des Jeux’s (ANJ) recent report into the illegal online casino market in France confirmed previously published estimates of its size, value and exposure to consumers. Yet, the question of its regulation and the possible outcome that Groupe FDJ may …

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FDJ closes €380m PLI deal to begin Irish journey

fdj

Groupe FDJ has finalised its €380m acquisition of Premier Lotteries Ireland (PLI), a transformative deal that will see the Paris Euronext lottery group take stewardship of the Irish National Lottery.  This morning, FDJ announced that it had acquired 100% of PLI share capital, taking control of the exclusive rights to operate the Irish National Lottery until 2034.  As declared on …

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FDJ hits lotto drags ahead of ZEturf and PLI enlargement

SBC News FDJ hits lotto drags ahead of ZEturf and PLI enlargement

Groupe FDJ has cited stable year-to-date trading ahead of its corporate expansion integrating the new assets of ZEturf and Premier Lotteries Ireland (PLI). In a YTD trading update, FDJ revealed that corporate revenues to September stood at €1.87bn, up 1% on YTD 2022 comparatives. Headline revenues remain on par with 2022 results, despite the Francaise des Jeux lottery unit recording …

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Double boost for FDJ as Irish lotteries acquired and H1 revenue hits €1.3bn

FDJ acquires Premier Lotteries Ireland

FDJ Group has further expanded its international operations through the acquisition of the Irish National lottery, whilst also reporting a strong trading performance throughout H1 2023. Française des jeux reported year-on-year revenue growth of 6% to €1.3bn (€1.2bn), accompanied by recurring EBITDA of €300m, representing a margin of 23.3% although a decline of 3% on €308m recorded in H1 2022. …

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FDJ targeting €2.5bn in 2023 revenue after strong start in Q1

fdj

Française des Jeux (FDJ), France’s state-backed betting, gaming and lotteries operator, has reported a stellar start to 2023 trading, reporting ‘good momentum’ across all verticals. Group-wide figures for the first three months of the year saw FDJ’s revenue rise 5% to €662m (€628.9m) on a pro-forma basis, including the acquisitions of its point-of-sale (POS) payments provider Aleda and retail solutions …

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Stephane Palez: FDJ tech innovations guide 2025 vision 

fdj

Stéphane Pallez, CEO of Groupe FDJ, has emphasised the importance of preserving the positive social impact of the French national lottery and its betting subsidiary during ‘uncertain times.’ Two years after Groupe FDJ’s Paris Euronext IPO, 2022 saw the French lottery giant bring its retail unit of 14,500 points-of-sale network back to business. Servicing 25 million players, an uninterrupted FDJ …

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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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