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French State Gambling using LVS For software

2/1/10 - The French state gambling monopoly Francaise des Jeux has continued its flurry of deals in preparation for the liberalisation of the French gambling market, announcing this week that it has engaged with the gambling software provider LVS to order its fixed odds sports betting platform.
 
LVS's Advanced Gaming Platform will enable FdesJ to offer fixed odds sports betting online, as well as through its almost 27 000 retail terminals once the French online sports betting market has been liberalised later this (2010) year.
 
Simon Ordish, who is a founder and heads LVS expressed appreciation for the trust Francaise des Jeux had placed in his relatively small company, adding that it has given him confidence to seek similar major contracts in other emerging markets.  
 
“It has been a challenge to meet the requirements of such a big operator and there has been a lot of learning to do on both sides, but [this project] gives us the platform to move forward into other markets,” Ordish said.
 
LVS (Laverock von Schoultz) was formed in 1992 and has specialised in building and supplying software for the betting and gaming industry, working with a number of major gaming companies around the world and acquiring a reputation for quality and innovation. The firm is licensed and regulated by the UK Gambling Commission and has both remote and non-remote gaming accreditation.
 
The company has offices in London and Gibraltar and directly employs over 30 staff. It also has close ties with partners in South East Asia and Eastern Europe and access to programming resources in Brazil.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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