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Tag Archives: FDJ

France – FDJ reports good momentum in first quarter with sports betting up 25 per cent

French betting operator Française des Jeux (FDJ), the operator of France’s national lottery games, reported good momentum in its first quarter despite restrictions linked to the health crisis -with an increase in revenue of nearly nine per cent over the first half of 2019, and an increase in sports betting activity of 25 per cent….

France – FDJ reports annual turnover rise despite reduced points of sale

Results published by La Française des Jeux (FDJ) in its latest quarterly report show that despite the closure of nearly 10 per cent of the group’s points of sale, stakes are up 11.8 per cent to €4.6bn. Turnover is up 5.2 per cent to €538m. Compared to 2019, the last ‘normal’ year, the FDJ recorded…

France – Strong second half limits FDJ annual revenue decline

Despite a three per cent rise in bets during the second half of 2020, La Française des Jeux (FDJ) has reported a 6.8 per cent decline in annual bets amounting to just under €16bn, with turnover down 6.3 per cent to €1.92bn. Drawing games stakes grew by six per cent to €3.2bn. Amigo fell by…

France – FDJ pitches impact of COVID-19’s first month at over €192m

French betting operator La Française des Jeux believes the Covid-19 coronavirus epidemic will slash at least half of its revenues with turnover for sports betting being hit by €120m in the first month. The first month would also see revenues for lottery games down by €72m. So far, nearly 80 per cent of FDJ outlets…

France – La Française des Jeux launches IPO on Paris stock exchange

La Française des Jeux (FDJ), the operator of France’s national lottery games, has launched its Initial Public Offering on the Euronext Paris stock exchange in a move that could raise more than €1.5bn. The transaction will involve the French State selling a maximum of 99,320,000 existing FDJ shares, which represent a maximum of 52 per…

France – Privatisation of the FDJ could be postponed until 2020

The privatisation of the Française des Jeux is unlikely to take place this year with a more likely possibility being early 2020, according to the chain of economic information BFM Business. Even if the decision to privatise part of the lottery operator is not called into question, the adoption of the PACT Act will be…

France – French government plans IPO for FDJ in 2019

A bill could be unveiled on May 16 to give the French government the formula to partially privatise Française des Jeux, the operator of France’s national lottery games whilst still keeping control of the entity. The state’s share, currently 72 per cent, will be reduced in order to introduce float almost half of the capital…

France – FDJ’s lottery sites must be authorised from October

From October 1, French gambling group La Française des Jeux will have to follow the same legislation as the PMU and French casinos, meaning it will have to seek authorisation from the Minister of the Interior for the operation of a point of sale. The FDJ, which currently has just over 31,000 points of sale…

France – FDJ launches new mobile app in France

La Française des Jeux has launched a new mobile application on IOS and Android ‘which aims to regroup the different lottery games.’ Games such as Euro Millions – My Million, LOTO, Keno Winner for life, can be played along with Bingo Live. This application is intended to replace, in the long term, the three applications…