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French national lottery operator has record year
01/05/2012 : 2011 a record year
72 percent State-owned French national lottery operator Française des Jeux (FdJ) has ended its year on a high, reporting turnover of Euro 11.4 Billion, an increase of 8.4 percent over 2010.
The firms’ strong performance is largely attributed to lottery, bolstering poor results from its online sports betting arm who recorded a decrease of 15 percent, and instant games continuing its downward trend with sales falling by 8 percent compared to 2010.
In related news, FdJ's monopoly was confirmed with two recent rulings handed down by the highest administrative court in France; Conseil d'Etat based on a request for cancellation of two orders within the lotteries/gaming Acts of 1978 and 1985.
The action was brought before the court by StanleyBet who seeks to operate betting shops in France and Bwin.party digital wanting to operate online games in the French market.
Coming to its determination, the State Council cited a recent EU court ruling that said "to ensure a particularly high level of protection of consumers, gambling can be justified in considering that only the grant of exclusive rights to a single subject to tighten the control of public authorities is likely to help control the risks 'and' pursue an effective policy against excessive gambling." (See previous InfoPowa report).
The State council also noted that FDJ's promotion and advertising budget is capped at 1 percent of its revenue budget and limits the risk of addiction by setting a rate of return to players "at a level significantly lower than other gaming operators."
Gambling News :
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Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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