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MERRILL LYNCH ADVISING FRENCH ON FUTURE OF F DE J
The French government, currently working on legislation aimed at opening up its previously monopolised online gambling market in order to comply with European Union requirements, is being advised on the the privatisation of national lottery and gambling company La Francaise Des Jeux via a share flotation sometime next year by Merrill Lynch professional business services.
According to the newspaper Les Echos, Christophe Blanchard-Dignac, head of La Francaise Des Jeux, has revealed that the company was preparing for a decision by the State on how to reduce its 72 percent stake.
La Francaise Des Jeux runs many games in France such as the standard Loto lottery, Millionaire, Keno, scratch card games and the Euromillions European lottery. The firm, which was started in 1933 to benefit war victims and those hurt by agricultural disasters, had 2007 sales of $13.26 billion with 28.5 million players and a network of 38 700 outlets all over the country.
Blanchard-Dignac stated that while online sportsbetting would be liberalised in the second half of 2009, some 96 percent of the company's activities would remain within its monopoly.
Oink Country Love Slot Launches -
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.
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