Latest News
La Française des Jeux : Revenue up 4% in Nine Months: Acquisition of ZEturf Completed at the End of September Acquisition of PLI to Be Completed in Early November
La Française des Jeux (FDJ), France’s leading gaming operator, announces its revenue for the nine months to end September 2023.
Stéphane Pallez, Chairwoman and CEO of FDJ Group, said: “Our growth remains solid, with strong players’ demand, even though it has been affected by the low number of Euromillions high jackpot draws. At the same time, the completion of the acquisition of ZEturf at the end of September and the forthcoming closing of Premier Lotteries Ireland acquisition in November illustrate our strategy of internationalisation and diversification. We are delighted that the teams of these two operators are joining FDJ and that these operations will contribute to the Group’s sustainable and profitable growth.”
- Revenue to end September of €1,875 million, up 3.9% and 1.3% on a like-for-like basis
At the end of September, gross gaming revenue (GGR) stood at €4,808 million, stable compared with 2022. After €3,044 million in public levies, net gaming revenue (NGR)3 totalled €1,771 million, up 0.8% based on a 2.0% increase in stakes.
Including income from other activities of €103 million, up more than 10% on a like-for-like basis, Group revenue to end September 2023 came to €1,875 million, up 3.9%.
On a like-for-like basis, sales rose by 1.3%. It rose 4.6%, in line with the first half, excluding Euromillions, which was particularly affected by the low number of high jackpot draws, especially in the 3rd quarter, and excluding Amigo, which was relaunched at the beginning of June with a revised formula in accordance with the regulator’s decision.
In the 3rd quarter, revenue totalled €586 million, down 1% and 3% on a like-for-like basis.
- By distribution channel and activity
- By distribution channel
Stakes in points of sale increased 0.8% to €13,278 million, supported by sports betting and instant games, and despite Amigo and Euromillions impact.
Digital stakes are continuing to grow, driven by all businesses. They were up 10.6% to €2,011 million, a performance attributable in large part to the increase in the number of players. Excluding Euromillions, online lottery stakes rose by more than 12%. Online stakes account for more than 13% of total stakes.
- Lottery
Lottery revenue totalled €1,407 million down 1.2%, based on a slight increase in stakes, but up 3% excluding Amigo and Euromillions.
Driven in particular by the success of launches and relaunches, such as Carré Or in January and Numéro Fétiche in May, instant games stakes rose by more than 4%.
The almost 6% drop in the stakes for draw games is attributable to the lower number of high jackpot Euromillions draws (19 at 2023 September-end compared to 32 at 2022 September-end), particularly noticeable in the third quarter, and the full impact of the new Amigo draw launched at the beginning of June and in line with the decision of the French National Gaming Authority.
Excluding Euromillions and Amigo, draw stakes are up 1% and lottery stakes more than 3% compared with 2022, an “exceptional” year for draw games, especially Euromillions with stakes up by almost +20% to the end of September 2022. Overall, the appeal of this game remains strong, with stakes up by almost +10% compared with 2019, following its relaunch in the first quarter of 2020.
The discrepancy between growth in stakes and growth in revenue is mainly due to Euromillions, which has a high rate of conversion of stakes into revenue.
- Sports betting and online gaming open to competition
Revenue of sports betting and online gaming open to competition totalled €360 million, an increase of 9.3% in line with growth in stakes. The player payout ratio in the third quarter is very close to that at the end of June and that recorded at the end of September 2022.
Business growth, strong both at the point of sale and online, benefited from the continuing momentum of the FIFA World Cup at the end of 2022, despite a slightly less favourable football calendar in the 3rd quarter of 2023.
The acquisitions of ZEturf and Premier Lotteries Ireland (PLI) strengthen FDJ’s model
- ZEturf completes FDJ’s online gaming offering, making it the 4th largest operator in the French sports betting and online gaming open to competition, with a market share of over 10%
ZEturf is the 2nd largest online horse betting operator in France, with a market share of around 20%. This acquisition enables the FDJ Group to become the 4th largest competitive online gaming operator in France (sports betting, horse betting and poker), with a market share of over 10%. Finalised at the end of September, this acquisition has been consolidated in FDJ’s accounts since 1 October.
In order to benefit fully from the potential of the merger with ZEturf and the synergies within its online business open to competition, and in accordance with the commitments made to the French Competition Authority, FDJ will adopt a new organisation for this business.
With 2022 revenue exceeding €50 million, ZEturf:
– Doubles the revenue of FDJ’s online gaming business open to competition;
– And will have an accretive effect on the sports betting and online gaming open to competition BU’s contribution margin from 2025.
- PLI: First step in the international B2C lottery with strong prospects
The acquisition of Premier Lotteries Ireland, the Irish national lottery operator, is a major step in the deployment of the FDJ Group’s international strategy. On 3 October, the Irish lottery regulator gave the go-ahead for the deal, which is due to be finalised in early November, when PLI will be consolidated by FDJ.
In 2022, Premier Lotteries Ireland recorded gross gaming revenue (GGR) of €399 million and revenue of €140 million, with an EBITDA margin comparable to that of FDJ.
The strategic plan currently being drawn up jointly aims to accelerate PLI’s growth and increase its profitability, based on sharing best practice between the two operators in order to:
– Capitalise on FDJ’s experience to drive PLI’s instant games portfolio;
– Boost the player base for draw games;
– And continue to improve the digital experience for Irish players.
2023 Outlook
In Q4, the Group expects:
– In sports betting and online gaming open to competition, sales virtually unchanged, reflecting the continued momentum since the start of the year, with a high basis for comparison due to the FIFA World Cup at the end of 2022;
– And for the lottery, sales growth driven by non-Amigo draw games, with several events including the launch of the EuroDreams draw game, and by instant games.
For 2023 as a whole, FDJ is targeting revenue growth of around 5%, i.e. between 1.5% and 2% on a like-for-like basis, with a current EBITDA margin rate maintained at around 24% thanks to tight control of costs.
– At the end of July, the Group had announced 2023 revenue growth targets of over 5%, and over 3% on a like-for-like basis, with a current EBITDA margin maintained at around 24%.
The Group will also benefit from a high level of financial income, expected to almost double the figure recorded at the end of June, and reiterates its commitment to distribute between 80% and 90% of its consolidated net income.
The Group’s next financial communication
The Group will report its 2023 results on Thursday, 15 February 2024, before market opening.
Appendix
|
In millions of euros |
Q3 2023 |
Q3 2022 |
Var. |
|
|
|
|
|||
|
Stakes |
4,802 |
4,945 |
-2,9% |
|
|
o/w online stakes |
679 |
643 |
+5,6% |
|
|
|
|
|||
|
Revenue |
586 |
592 |
-1,1%* |
|
|
o/w lottery |
449 |
478 |
-6,0% |
|
|
o/w sports betting and online gaming open to competition |
103 |
97 |
+6,4% |
|
*-3.4% vs. Q3 2022 pro forma, including the acquisitions of Aleda and L’Addtion
Brazil
Vitor Paulin ends cycle at Luck.bet with data-driven transformation, new website, and new campaign featuring Caio Castro as legacy
Vitor Paulin ends cycle at Luck.bet with data-driven transformation, new website, and new campaign featuring Caio Castro as legacy.
The executive leaves the operator as of June 1 after leading the structuring of a team of more than 40 professionals and delivering the company’s highest results in Turnover and GGR.
Vitor Paulin, Chief Marketing & Growth Officer (CMGO) at Luck.bet, is ending his cycle at the operator as of June 1, 2026. During his tenure leading the company’s marketing operations, the executive drove a complete transformation that integrated Brand, Performance and Media, Affiliates, Influencers, CRM, PR, Product, and BI/Analytics into a single customer journey — Acquisition, Retention, Monetization, and Recovery.
The results were significant throughout his entire period at the company, with a marked acceleration in the second half of 2025 when he implemented the data-driven methodology: +54% Turnover, +49% GGR, +26% monthly active users, +22% average ticket size, +22% First Time Deposit (FTD), and +16% conversion rate from Registration to FTD.
Vitor leaves Luck.bet with three structural deliverables to the company: the completion of a data-driven culture implementation, a new operator website, the new brand campaign featuring Caio Castro — produced under his leadership and scheduled to launch in the coming weeks — and a new multidisciplinary team of more than 40 professionals structured in squads and operating under a data-driven culture focused on performance and customer-centricity.
“Throughout my time at Luck.bet, we led a complete marketing transformation. In the second half of 2025, with the data-driven methodology fully in place, we achieved +54% Turnover, +49% GGR, +26% monthly active users, and +22% average ticket size. It was a collective effort supported by a multidisciplinary team of more than 40 professionals, including new hires.
I thank Ivan Dutra and the entire Luck.bet team for the partnership and trust throughout this cycle,” said Vitor Paulin, former CMGO of Luck.bet.
Reflecting on his legacy at the operator, the executive highlights the integration between departments:
“The biggest legacy is structural: we transformed the operation into a data-driven marketing machine focused on results, integrating Brand, Performance, Affiliates, Influencers, CRM, PR, Product, and BI/Analytics into a single journey — Acquisition, Retention, Monetization, and Recovery.
I leave with the migration to the new Luck.bet website completed, the upcoming campaign featuring Caio Castro ready to go live in the coming weeks, and a team of more than 40 professionals consolidated and operating. The house is organized for the next cycles,” he added.
Regarding next steps, the executive plans a short break for strategic reflection before starting a new cycle: “I will take a short window for perspective before the next executive cycle.
In the coming weeks I will be open to conversations with market leaders — my main focus remains iGaming, with a natural extension into companies born digital such as fintechs, retail-techs, e-commerce, and the new economy in regulated markets in Brazil, Latin America, and Europe.
And who knows, I may also venture into entrepreneurship — I have no shortage of ideas for new products!” he concluded.
The post Vitor Paulin ends cycle at Luck.bet with data-driven transformation, new website, and new campaign featuring Caio Castro as legacy appeared first on Americas iGaming & Sports Betting News.
AGS
AGS celebrates 10 straight years as a best and brightest company to work for in the nation
For the 10th consecutive year, global gaming supplier AGS announced it has been named one of the Best and Brightest Companies to Work For® in the Nation.
Presented by the National Association for Business Resources (NABR), the Best and Brightest Companies to Work For awards are not pay-to-play. Instead they are based on an independent, research-driven assessment of company practices and employee survey results.
Ten straight years places AGS in rare company by any measure; in gaming, it’s unprecedented.
No other gaming manufacturer has been recognized in the program or been awarded this designation, making this recognition a standout achievement for the team and the industry.
“Ten years of this honor is a testament not to us as a company, but to the remarkable individuals who power everything we do,” said David Lopez, President and Chief Executive Officer of AGS.
“We’ve built something truly special here – a people-first culture of long-term excellence that I’m incredibly proud of and that continues to propel us forward.”
Companies are evaluated across a comprehensive set of criteria that reflect the employee experience.
These include compensation and benefits, engagement and retention, education and development, achievement and recognition, civility and inclusion, leadership, communication, community initiates and corporate responsibility, and overall workplace well-being.
AGS earned high marks for its focus on key areas such as benefits, communications and shared vision, civility and inclusion, and employee enrichment, engagement and retention – surpassing the Best and Brightest benchmark, which reflects the median score of other participating companies.
In 2026, only 19 other companies in the country reached the 10-year mark, and just 46 organizations in total have been recognized for more than 10 years.
“What makes this recognition meaningful is that it’s based on how our employees truly feel,” said Kim Nasuta, Senior Vice President of Human Resources at AGS.
“Ten years in a row speaks to the consistency of our values and how deeply embedded they are in how we hire, support, and grow our people.”
This milestone reflects a decade of AGS’ consistent, employee-first culture – an accomplishment that is difficult to sustain year after year.
Ten years through real change is even harder. In that stretch, AGS doubled its employee count and office footprint, tripled its game studios, and expanded from two countries to ten.
The company looked different almost every year. The culture didn’t.
AGS was also awarded the same honor in the Atlanta market, which reflects the local impact, while the national honor acknowledges AGS’ broader commitment to culture across its U.S. footprint, which includes offices and game studios in Las Vegas, Reno, Scottsdale, Austin, and Oklahoma City.
The Metro Atlanta offices – home to many of the company’s R&D, engineering, and operations teams – continues to be a foundation of the Company’s innovation and culture.
Additionally, AGS supports a vast network of remote sales and field service employees located near customer operations throughout the country – extending the Company’s culture of connection and performance beyond physical offices. AGS also has a strong global presence with teams located in eight countries outside of the U.S.
This latest recognition follows AGS also being named to the 2026 USA TODAY Top Workplaces USA list for a second year in a row, solidifying its position as a standout employer in the gaming industry and beyond.
The post AGS celebrates 10 straight years as a best and brightest company to work for in the nation appeared first on Americas iGaming & Sports Betting News.
Brazil
Stellar Gaming y la mejor Copa de todos los tiempos
La Copa Mundial de 2026 promete ser un punto de inflexión para el mercado brasileño de apuestas deportivas, el primer gran test de estrés en un entorno totalmente regulado, con proyecciones que alcanzan los R$ 19 mil millones en movimiento en el país.
En este escenario, Stellar Gaming (EstrelaBet) se posiciona en el centro de esta transformación, donde la tecnología, la seguridad jurídica y la experiencia del usuario se convierten en pilares estratégicos de crecimiento.
En una entrevista exclusiva, Fellipe Fraga, CBO de Stellar Gaming, analiza cómo la madurez del mercado regulado, el avance del juego responsable, la evolución de la infraestructura tecnológica y la lucha contra el mercado ilegal van a moldear la “mejor Copa de todos los tiempos” para el entretenimiento digital en Brasil, y el legado que este evento dejará para la industria.
La Copa Mundial de 2026 es el primer gran ‘test de estrés’ del mercado brasileño totalmente regulado, con proyecciones de alrededor de R$ 19 mil millones en volumen de negocio en el país. ¿Cómo evalúa Stellar Gaming que la seguridad jurídica y la madurez operativa harán de este torneo la ‘mejor Copa de los últimos tiempos’ para el entretenimiento digital en Brasil?
Fellipe Fraga – En la Copa Mundial de 2022, todavía estábamos luchando por la regulación del mercado, lo que lamentablemente no ocurrió a tiempo.
Esta vez, tendremos la oportunidad de probar no solo a nivel tecnológico, sino también en términos de comportamiento del cliente, ya que veremos el impacto del mayor evento deportivo del mundo.
Además, en las operaciones reguladas, las herramientas de control previstas en la normativa específica garantizan una experiencia segura para el cliente y potencian el alcance del juego responsable.
Con esto, los próximos dos meses representan grandes expectativas para el sector.
En un evento masivo que atrae a millones de nuevos apostadores, las preocupaciones sobre el juego problemático cobran relevancia. EstrelaBet tiene una alianza pionera con la FUMEC. ¿Cómo funciona en la práctica la matriz predictiva de riesgos basada en inteligencia artificial para identificar patrones atípicos y garantizar que el Mundial sea un momento de ocio seguro, alejando a la marca del estigma del mercado ‘gris’ del pasado?
Una de las grandes ventajas del avance tecnológico es poder utilizarlo para mejorar la experiencia colectiva, y no es diferente cuando hablamos del juego responsable.
Al introducir mecanismos de machine learning con datos y conceptos de ciencia del comportamiento, podemos mejorar la predictibilidad del riesgo en comportamientos en los que el cliente muestra señales de alejarse del juego responsable.
Esto permite que la operación actúe para reducir estos riesgos, garantizando que el entretenimiento con apuestas sea únicamente lo que debe ser: diversión.
Sabemos que los usuarios brasileños son mobile-first y no toleran fricciones durante un partido importante. EstrelaBet ha mejorado recientemente el tiempo de carga en un 60% y reducido la latencia de las apuestas en vivo en un 80%. ¿Cómo se traduce esta infraestructura ‘Fórmula 1’, liderada por el equipo de tecnología, en confianza y retención del usuario en los momentos de mayor pico del torneo?
La principal dirección que debemos tomar es ponernos en el lugar del cliente y entender qué puede generar fricción en la experiencia. Un sitio inestable y lento no es bien recibido.
Por eso adoptamos una mentalidad que llamamos “EstrelaTech”, enfocada en el desarrollo tecnológico para mejorar la experiencia del cliente.
Esto genera automáticamente confianza en el rendimiento, la estabilidad y la calidad del servicio, lo que, junto con nuestros socios tecnológicos, permite ofrecer una plataforma donde el entretenimiento ocurre de forma más fluida.
El CEO de la marca, João Gerçossimo, trajo recientemente del SXSW el concepto de la ‘Economía de la Atención 3.0’, donde el sentido de pertenencia a la comunidad supera a las ofertas agresivas. ¿Cómo planea EstrelaBet aplicar esta filosofía durante el Mundial para fidelizar clientes sin depender únicamente de bonos de adquisición transaccionales?
El Mundial es una excelente oportunidad para acercar al cliente a la marca.
El 5 de junio lanzaremos una gran campaña que conecta al público y a la marca con el deseo nacional de conquistar el sexto título mundial.
Esta conexión va más allá del producto en sí y se centra en la relación entre el cliente y la empresa.
El trabajo de nuestro equipo de marketing ha sido excelente, incluyendo en la elección de socios de medios, que logran comunicarse con el público y transmitir los mensajes clave, no solo sobre entretenimiento, sino también sobre una mentalidad moderna en torno a la salud, la actividad física y la tecnología.
La integridad deportiva es un pilar de un mercado regulado sólido. Hoy, EstrelaBet utiliza sistemas de IA que alcanzan hasta un 90% de precisión en la detección de comportamientos sospechosos, como el abuso de múltiples cuentas. ¿Cómo se utilizará esta tecnología para proteger la plataforma contra fraudes durante la alta volatilidad del Mundial?
El producto de apuestas es, esencialmente, la incertidumbre del futuro, ya sea en un juego online o en un evento deportivo.
Cualquier situación que intente garantizar un resultado futuro vacía la esencia del producto.
Por lo tanto, defender la integridad deportiva es extremadamente importante para nosotros en sí misma, y combinada con nuestra pasión por el deporte como plataforma de entretenimiento, nos hace aún más comprometidos con su protección.
Con tecnología y alianzas, somos capaces de monitorear comportamientos sospechosos y rastrear intentos de fraude en tiempo real.
Aunque el Mundial tiene el peso de ser el mayor evento deportivo, con todas las miradas puestas en él y, en consecuencia, reduciendo el riesgo de comportamientos sospechosos en el campo, es fundamental garantizar que tampoco haya influencia negativa en las operaciones, permitiendo que no solo la IA sino también el diálogo con los socios funcione de la mejor manera posible.
Con la Copa del Mundo realizándose en las Américas (EE. UU., México y Canadá), la zona horaria es extremadamente favorable para los apostadores brasileños. Sumado al avance del 5G, ¿cuál es la expectativa de EstrelaBet sobre la explosión de las apuestas en vivo (in-play betting) y los micro-momentos durante los partidos de Brasil?
El mercado brasileño ya utiliza predominantemente el teléfono móvil. Los partidos que se jugarán, muchas veces fuera del horario laboral, permitirán potenciar el acto de sentarse a ver un partido.
Por lo tanto, la tendencia es un aumento significativo de la actividad durante la Copa del Mundo, donde el factor social —estar con amigos, ver el partido juntos y apostar— jugará un papel importante.
Tu, Fellipe Fraga, como CBO de la marca, ha sido vocal sobre el hecho de que restringir excesivamente las plataformas licenciadas solo empuja a los usuarios hacia el mercado ilegal. Durante un evento con la magnitud de la Copa del Mundo, ¿cómo pueden el sector regulado y el gobierno trabajar juntos para educar al público y evitar la fuga de ingresos hacia operadores no licenciados?
La Copa del Mundo es una enorme oportunidad para el sector público en sentido amplio, no solo el regulador, sino también el Gobierno Federal e incluso los legisladores, para unir fuerzas en favor del sector regulado.
Solo a través de operaciones adecuadas es posible tener datos, acceso a información de comportamiento y una recaudación fiscal correcta que permita el desarrollo del país, junto con la promoción adecuada de iniciativas de juego responsable.
Esperamos que esta conciencia ayude a combatir un mercado ilegal que, si no se enfrenta, solo beneficiará a actividades ilícitas.
Para el mercado, la Copa del Mundo de 2026 es considerada el “Super Bowl extendido”. Tras el pitido final el 19 de julio, ¿cuál será el principal legado de este torneo de US$ 35 mil millones para el mercado brasileño de apuestas deportivas, considerando los avances en gobernanza, tecnología y protección del usuario final?
El Mundial de 2026 permitirá una comprensión completa del comportamiento del cliente en el mercado de apuestas.
Tendremos datos, resultados e información recopilada de las distintas iniciativas y estrategias que adopte el mercado.
El aumento del volumen permitirá validar las tesis de juego responsable e integridad deportiva, así como garantizar que los usuarios traten las apuestas como entretenimiento adecuado durante los momentos de ocio mientras ven los partidos.
The post Stellar Gaming y la mejor Copa de todos los tiempos appeared first on Americas iGaming & Sports Betting News.
-
iGaming industry6 days agoPragmatic Play Releases its Latest Slot Game “The Big Dog House”
-
Aphrodite Legends of Olympus™6 days agoInspired Expands Portfolio with Three New iGaming Slots: THE GREAT EGGSCAPE™, APHRODITE LEGENDS OF OLYMPUS™, GOLD FEVER MINE ALL MINE™
-
betting market6 days agoBiS Brasília brings together experts and authorities to discuss the future of Brazil’s betting market
-
AGLC6 days agoAlberta iGaming Corporation Appoints Dan Keene as its CEO
-
Alberta6 days agoPlay’n GO secures Alberta iGaming supplier licence from AGLC
-
BetGames6 days agoWeekend Reels | Week 21: Slot Drops & Trends
-
40 Coins of Chance6 days agoSYNOT Games Enters into a New Partnership with Topwin
-
Alberta6 days agoPlay’n GO granted Alberta iGaming licence, expanding Canadian market footprint



