What does the future of online casinos in France hold? The French government has initiated consultations with stakeholders to regulate the iCasino market, potentially transforming the country’s gambling landscape. With an estimated €2 billion illegal market at stake, authorities aim to tackle public health concerns, safeguard consumers, and protect the economy. However, balancing the interests […]
Following La Française des Jeux (FDJ)‘s successful acquisition of Kindred Group, six members of Kindred’s Board of Directors, including the Chairman, have resigned, making way for a new leadership team. This significant reshuffling, led by newly appointed Chairperson Pascal Chaffard, is set to redefine Kindred’s governance as it integrates with FDJ’s expanding European gambling operations. […]
Speculation surrounding a potential French gambling tax hike has been proven incorrect as the anticipated increase was not included in the recently tabled 2025 Social Security Financing Bill. However, industry insiders and regulators caution that a tax hike could still be on the horizon, leaving operators and investors on edge. Learn more about the implications […]
La Française des Jeux (FDJ) has successfully completed the acquisition of Kindred Group, marking a monumental shift in Europe’s gambling landscape. This deal elevates FDJ as one of the continent’s premier gambling operators, expanding its reach into new regulated markets. With Kindred’s portfolio and FDJ’s strategic vision, this merger creates a powerful, responsible gaming entity […]
FDJ Brings Forward Deadline for Kindred Acquisition After Securing Regulatory Approval In a major development for the European gambling landscape, La Française des Jeux (FDJ) has accelerated the deadline for its acquisition of Kindred Group. Initially set for 19 November 2024, the acceptance period has now been moved up to 2 October 2024, following final […]
French Competition Regulator Mandates Brand Separation in FDJ’s €2.45bn Acquisition of Kindred Group The French competition regulator has intervened in the acquisition of Kindred Group by La Française des Jeux (FDJ), demanding strict conditions to safeguard market competition. As FDJ moves forward with its €2.45 billion bid to acquire Kindred, France’s competition watchdog, the Autorité […]
France’s ANJ Reports Advances in Combating Problem Gambling Amid Calls for Further Action France’s gambling regulator, L’Autorité Nationale des Jeux (ANJ), has recently highlighted the “significant progress” made in problem gambling prevention across the country. Following a mandate from a 2019 ordinance, all French operators are required to submit an annual action plan aimed at […]
FDJ’s acquisition of Kindred Group, facilitated by regulatory approval and strategic shareholder engagement, signifies a transformative moment in the gaming industry. This deal exemplifies the intricate balance between regulatory compliance, shareholder value, and strategic growth ambitions. As the industry stands at the cusp of further consolidation and innovation, the FDJ-Kindred transaction heralds a new era […]
FDJ Launches All-Cash Tender Offer for Kindred to Create European Gaming Champion In a bold strategic move that promises to reshape the landscape of the gaming industry, FDJ has unveiled its all-cash tender offer to acquire the entirety of Kindred, one of Europe’s foremost online betting and gaming giants. This groundbreaking deal is poised to […]
Premier Lotteries Ireland (PLI) faces a €150,000 fine, as imposed by the Regulator of the National Lottery in Ireland. The substantial penalty results from violations related to self-exclusion measures. Upon investigation, the regulator found that PLI contradicted its licence terms. Specifically, they allowed players who had self-excluded to set up new accounts and purchase tickets. […]