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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 :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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