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Francaise des Jeux announces new record for annual turnover

January 5, 2013 : A GOOD YEAR FOR FRENCH LAND AND ONLINE GAMBLING FIRM
 
Francaise des Jeux announces new record for annual turnover
 
The majority state-owned French online and land gambling group, Francaise des Jeux, created a new company record with its annual turnover in 2012, for the first time breaching the Euro 12.1 billion barrier, an increase of 6.1 percent according to a report from Agence France Presse.
 
In fiscal 2011, the group reported an 8.5 percent rise in revenues to Euro 11.4 billion.
 
A company spokesman said the year had been exceptional, with three Friday the thirteenths and a number of other symbolic dates which had resonated with the punters, such as 10 -11 to 12, 12-12-12 and 21-12-12.
 
In addition, there were European sporting events with international appeal, and four lottery roll-over cycles boosted jackpots and the appeal of the lottery operations, which made a significant contribution to overall revenues.
 
FDJ revealed that it had achieved Euro 1.6 billion in Euro Millions lottery sales, an increase of 6.9 percent, with the European jackpot reaching Euro 190 million for the first time. Lotto sales were similarly buoyant at Euro 1.5 billion (up 1.2 percent).
Scratch games, sold under the brand Illiko, in 2012 raised Euro 5.4 billion in sales, representing 44 percent of total sales of the FDJ, up 7.5 percent.
 
Sports betting also delivered strong growth.
 
Internet sales topped Euro 400 million.
 
At Sports Paris, the physical points of sale network, revenues reached Euro 1.37 billion (1.06 billion in 2011) an increase of 29 percent, however online sales decreased from Euro 74 million in 2011 to Euro 70 million.
 
The group delivered Euro 2.85 billion to the taxman, an increase of Euro 118 million over 2011, and contributed over Euro 200 million to French sports through the National Sport Development organisation.
 
La Francaise Des Jeux S.A. was formerly known as Loterie Nationale and changed its name to La Francaise Des Jeux S.A. in 1991. The company was founded in 1933 and is based in Boulogne Billancourt, France.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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