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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.



Gambling News :

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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