Française des Jeux (FDJ) has begun a ‘historic chapter’, transforming its corporate identity to ‘FDJ United’ to reflect its enlarged business, which now comprises the four units of French Gambling, European Online Gaming, International Lotteries, and IT & Payments technology. This transformation coincides with the publication of FDJ’s full-year 2024 accounts, which saw the Paris EuroNext gambling group maintain growth across …
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FDJ Champ Status dragged by Euro Tax exposure
With Française des Jeux (FDJ) completing its €2.5bn acquisition of Kindred Group, the French lottery giant is setting out on its road to become a “pan-European online gambling champion”. But the mood music surrounding the industry has shifted markedly since it first announced its bid for Unibet’s parent company in January 2024, with the situation complicated by the fact that …
Read More »FDJ lauds online growth as CEO Pallez zones in on Kindred takeover
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 …
Read More »FDJ to sell Sporting Solutions as future lies in B2C growth
Groupe Francaise des Jeux (Groupe FDJ) has put its B2B unit Sporting Solutions up for sale and is looking for a buyer for the company it acquired in 2019 for an undisclosed sum. As reported by Jake Pollard of Gaming&Co, the Paris EuroNext gambling group has recruited London-based M&A specialists Oakvale Partners around two months ago to lead the search …
Read More »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 …
Read More »FDJ in talks for exclusive dot FR iCasino licence
Sources suggest that France’s national lottery operator could be in line for exclusive iCasino licence… Could lottery operator Française des jeux be about to agree a deal with the French government that would see it become the only company licensed to operate online casino games in the country? According to French industry sources, FDJ and the country’s authorities are working …
Read More »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 …
Read More »ZEturf signs up to IBIA amid European market changes
The International Betting Integrity Association (IBIA) has added France-based operator ZEturf to its ranks, as the organisation continues to bolster membership. As an IBIA member, the sports and horse racing betting firm will feed into the association’s global integrity monitoring and alert network, alongside other newly-joined companies such as Canada’s Coolbet and Malta’s Videoslots. The addition of ZEturf – which …
Read More »FDJ agrees to acquire ZEturf for €175m
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 …
Read More »Zebet upgrades goalscorer accuracy with Abelson Info GPS
Abelson Info will enhance the pricing and settlement of football goalscorer markets for French bookmaker Zebet (Zebet.fr) after signing a new partnership with the French operator. The flagship online sportsbook brand of French heritage racing operator ZeTurf, Zebet has deepened its football offering by adding Abelson Info’s multiple goal scorer markets. The extension of betting markets will allow Zebet to …
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