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Francaise des Jeux To SPonsor French Olympic bid

Thursday January 21,2016 : FRANCAISE DES JEUJX TO SPONSOR FRENCH OLYMPICS BID
 
Gambling group the first to back French bid to secure the 2024 games.
 
The major French gambling group Francaise des Jeux has put up an initial Euro 2 million as the first sponsor for France's Paris bid committee chasing the right to host the 2024 Olympic Games.
 
The company is to launch a suitably themed lottery scratch card game in 2017 to help further fund the Paris bid, which it has been estimated will cost around Euro 60 million.
 
The CEO of the Paris 2024 committee, Etienne Thobois, said Thursday:
 
"The support of FDJ, which has a long tradition and history working with Olympic and Paralympic sports, will make a valuable contribution to our bid.
 
"I want to thank FDJ for their committed partnership and we now look forward to announcing further Paris 2024 sponsors who will each help to promote sport to the public in France and provide support for our campaign to become the 2024 Olympic host city.”
 
Other cities seeking to host the 2024 Olympics include Rome, Los Angeles and Budapest.
 
FDJ chief executive Stephane Pallez said that the campaign for the Olympics emphasised the French passion for sports, and wished the bid committee every success.

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Gambling News :

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

Jack Lam denies bribe allegations - Allegations by Philippines Justice Secretary Vitaliano Aguirre that casino tycoon Jack Lam used 'facilitator' Wally Sombero in an attempt to bribe him into protecting Lam interests have been hotly denied by Lam.

Fonbet Gets Russian Betting License - #Fonbet Russian-licensed operators are required to use officially sanctioned payment hubs called TSUPIS to facilitate government oversight, and this may be a concern for Fonbet at present.

New Attempts to Restore the Wire act - In the first of these initiatives, which Online Poker Report notes is supported by only eight state AGs (half those who signed a similar letter last year), the signatories seek support for RAWA at a Congressional hearing scheduled for December 9.

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