FDJ Q3 revenue at €846m - Sports and lottery outshine iGaming
The operator's restated year-on-year revenue has declined by 3% year-on-year.
The operator's restated year-on-year revenue has declined by 3% year-on-year.
Allwyn becomes world's largest listed lottery company and second-largest gaming operator in the latest deal that marks the latest in a trend of gaming and lottery mergers.
The two-year project modernises digital and retail lottery operations across more than 1,100 outlets nationwide.
Operator receives €1.53bn cash and becomes 58% shareholder in combined iGaming and lottery entity.
Thailand is set to introduce a "Quick Big Win" initiative that will automatically convert portions of money spent on losing digital lottery tickets into retirement savings accounts.
The latest financial records reveal that costs related to running the Gambling Commission and the National Lottery have doubled within a year as the High Court case is set to start in October.
The electoral outcome suggests that significant changes to the country's gambling legislation are unlikely during the upcoming four-year parliamentary term.
Of the total, €460m comes from a six-year senior secured term loan provided by institutional lenders, while the remaining €200m was raised through a four-year amortisation term loan involving several Greek banks.
The lottery, casino and sports betting operator makes its largest US investment to date.