Tag Archives: FDJ
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…
France – Online Gaming Control Authority (ARJEL) signs sports betting agreement
Charles Coppolani, President of the Online Gaming Regulatory Authority (ARJEL) and Thierry Pujol, Director of Sport Integrity at the FDJ and Vice-President of the Global Lottery Monitoring System (GLMS), a non-profit association governed by Swiss law, have signed an online sports betting agreement. 29 national lotteries mobilised against the manipulation of sports competitions, signed a…
