Finance

FDJ secures exclusive 25-year lottery rights in €380m deal

Operator takes multi-million euro loan from five French banks to pay compensation to the French state

French lottery operator La Française des Jeux (FDJ) has taken a €380m syndicated loan to finance its new 25-year rights deal on French lottery games and sports betting. The exclusive arrangement ensures that FDJ maintains the rights to operate lottery games at point of sale and online, as well as sports betting at the point…

Coronavirus | FDJ | Finance | France | Loan | Lottery | Sports betting

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