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FDJ Launches its IPO on Euronext Paris Stock Exchange

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La Française des Jeux (FDJ), the operator of France’s national lottery games, has launched its Initial Public Offering on the Euronext Paris stock exchange. The transaction will involve the French State selling a maximum of 99,320,000 existing FDJ shares, which represent a maximum of 52% of FDJ’s share capital.

“Today marks the opening of the final stage leading to the privatisation of La Française des Jeux, with the launch of its Initial Public Offering on the Euronext Paris stock exchange. In addition to the tranche set aside for institutional investors, I am pleased that a significant portion of the offer is reserved for individuals, including our distributors, as well as employees, who will benefit from preferential conditions to buy FDJ shares,” Stéphane Pallez, Chairwoman and CEO of FDJ said.

“We hope that many of them will take part in the operation to become long-standing shareholders of a strong, dynamic, innovative and responsible company. The fruits of our growth will be shared with shareholders by means of an attractive dividend policy, with the aim of paying out 80% of net income as early as 2020,” Stéphane Pallez added.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: FDJ Launches its IPO on Euronext Paris Stock Exchange

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Skywind Signs Content Deal with Pariplay

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Skywind Group has signed a content deal with online casino operator Pariplay Gaming. Following the deal, Skywind’s portfolio of games will feature across Pariplay’s Network.

In addition to premium content, Pariplay’s clients will benefit from Skywind Group’s wide range of engagement tools, such as the bonus coins reward, which is the first of its kind, and daily, in-game tournaments, must-win and innovative split jackpots, among others.

“Pariplay’s Fusion Aggregation platform has a great distribution network for us, as we continue to expand our reach throughout regulated markets. Pariplay’s platform is licensed in several markets and we share a dedication to enabling our partners’ growth. We are regulated by the UK Gambling Commission, Malta Gaming Authority, Alderney Gambling Control Commission, Spain Directorate General for the Regulation of Gambling, Romania ONJN and Gibraltar Gambling Commission,” Oren Cohen Shwartz, Managing Director of the Skywind Group said.

“We are delighted to add Skywind’s superb portfolio of games to our Fusion Aggregation Platform. Their range of non-branded and branded titles along with their excellent gamification and jackpot tools make them a truly compelling addition to our range of content providers,” Richard Mintz, Commercial and Marketing Director at Pariplay said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Skywind Signs Content Deal with Pariplay

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Czech Republic to Introduce Gambling Exclusion Register in 2020

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Alena Schillerová, Finance minister of the Czech Republic, has revealed that an exclusion register to block a range of individuals – both voluntarily and involuntarily – from gambling would launch next year. The incoming exclusion register follows on from the 2017 Gambling Act, which legalised iGaming in the Czech Republic for the first time.

Individuals on this list will not be allowed to gamble at all, whether that be online or land-based. People who have been declared bankrupt, are on welfare, or have been treated for gambling addiction will all be added. There shall also be an option for players to voluntary exclude themselves, if they want to.

“We will publish documentation at the turn of this year and begin testing, so that this register is operational in mid-2020,” Schillerová said.

“Currently, all indicators of online gambling are growing. The proportion of online players is increasing, and sports betting is the biggest problem. Young men are particularly at risk from developing problems. This is what our next steps are targeting. It’s not a matter of deleting new technologies from life. Instead, we’re looking to find a balance for their use,” Jarmila Vedralová, National Drug Policy Coordinator in the Czech Republic said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Czech Republic to Introduce Gambling Exclusion Register in 2020

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People’s Bank of China to Launch “Digital Currency Electronic Payment” to Combat Illegal Online Gambling

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The People’s Bank of China is going to launch the world’s first state-backed cryptocurrency “Digital Currency Electronic Payment” (DCEP). One of the main aims of DCEP is to combat illegal online gambling.

DCEP will apparently include functions that will allow government authorities to track suspect payments and thus stamp out money laundering, tax evasion, terrorist financing, and online gambling.

Mu Changchun, the head of the digital currency research institute of People’s Bank of China, said that the new cryptocurrency will still allow its users’ “controllable anonymity.”

“We know the demand from the general public is to keep anonymity by using paper money and coins… We will give those people who demand it anonymity in their transactions. But at the same time we will keep the balance between the ‘controllable anonymity’ and anti-money laundering, CTF, and also tax issues, online gambling and any electronic criminal activities,” Mu Changchun said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: People’s Bank of China to Launch “Digital Currency Electronic Payment” to Combat Illegal Online Gambling

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