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Francaise des Jeux to Invest 100 Million to modernise group

Thursday January 14,2016 :  FRENCH GAMBLING GROUP TO INVEST EURO 100 MILLION ON MODERNISATION
 
Sales target is Euro 14 billion.
 
French online and land gambling group Francaise des Jeux has big plans for the future that include investing Euro 100 million in its ambitious FDJ2020 plan to modernise the group and achieve sales of Euro 14 billion in the future.
 
Chief executive Stéphane Pallez said in a corporate update this week:
 
“By taking up scratch cards, sports betting and digital games, French customers are choosing innovation and digital in 2015. FDJ’s performances this year have placed it in a strong position to realise its digital transformation linked with its 'FDJ 2020' project.
 
"The development of our digital know-how will also feed FDJ’s international ambitions."
 
In a trading update FdeJ reported a 5.4 percent rise in sales to Euro 13.7 billion in 2015, with sports betting revenues up 14 percent to Euro 2.3 billion in land and online operations, and the online division contributing 10 percent of the total.
 
Management reported that the company has introduced markets in eight new sports linked to its ParionSport app which is planned to coincide with major sports events later this year. The company intends to market vigorously in order to boost its 3.3 million strong player base by 400,000 new punters.
 
Football remains the chief interest of FdJ punters and contributes 72 percent of bets.



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Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

NHL Odds: Pacific Division Foes Face Off in Edmonton - The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.

Bingo Cataratas Offers Unique Spin on Classic bingo - Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.

NBA Odds: Hawks-Pacers in Regular-Season Finale - Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.

Microgaming April 2017 new games - Cool Buck and Mega Money Multiplier go live on Wednesday 5 April 2017. Both are available to Microgaming and Quickfire operators on desktop and mobile and come with in-game achievements and free games.

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