lottery
FDJ Announces Completion of Acquisition of Premier Lotteries Ireland
La Française des Jeux (FDJ) has announced that it has completed the acquisition of the entire share capital of Premier Lotteries Ireland (PLI), which holds exclusive rights to operate the Irish National Lottery until 2034. This announcement follows the approval granted by the Irish National Lottery regulator at the beginning of October.
The acquisition of PLI is the Group’s first venture operating a lottery outside France, and reflects FDJ’s strategic ambition to become an international B2C operator in lottery, sports betting and online gaming.
Stéphane Pallez, Chairwoman and CEO of FDJ Group, said: “La Française des Jeux has opened a new chapter in its history by fulfilling its ambition to expand its international presence as a lottery and online gaming operator. The synergies between FDJ and Premier Lotteries Ireland will draw on our respective and acknowledged skills to offer people in Ireland a recreational, responsible range of games.”
Premier Lotteries Ireland’s CEO Andrew Algeo said: “FDJ’s backing marks the beginning of an exciting new chapter in PLI’s history, which will benefit Ireland’s National Lottery and its many stakeholders. I am grateful to both Ontario Teachers’ and An Post who have been generous supporters of PLI, and the National Lottery has grown substantially and sustainably on their watch. The PLI team looks forward to further improving the Irish National Lottery with FDJ and contributing to FDJ’s international lottery expansion.”
In 2022, Premier Lotteries Ireland recorded gross gaming revenue (GGR) of €399 million and reported net gaming revenue of €140 million with an EBITDA margin comparable to that of FDJ. PLI has held the Irish National Lottery licence since 2014 and holds exclusive rights to operate this until November 2034.
With more than 200 employees, Premier Lotteries Ireland offers a range of around 40 games, available through a diversified network of more than 5300 points of sale as well as online, with over 15% digital sales. Draw games make up two-thirds of its sales, and instant-win games one-third. In 2022, PLI redistributed 65% of its gross gaming revenue (GGR), or nearly €260 million, to more than 4000 charities and Good Causes.
A strategic plan aimed at accelerating PLI’s growth and boosting profitability is being jointly drawn up. The plan is based on sharing the two operators’ best practices and on FDJ’s experience to enhance PLI’s instant-win games portfolio, boost the draw games player base and further improve the digital experience for players in Ireland.
Massachusetts Governor Maura Healey signed the fiscal year 2025 state budget that includes language legalizing online lottery sales for the Commonwealth of Massachusetts. Revenue from online lottery sales will support a grant program for early childhood education and care.
“We thank Governor Healey for her support of online Lottery and approving it in the final FY25 budget. This will allow the Lottery to keep pace with its competition and reach newer audiences. We are prepared to implement a safe and reliable iLottery that will produce significant resources for critical childcare services, which are so desperately needed across the state. Thank you to Speaker Ron Mariano, President Karen Spilka, and the Joint Ways and Means Committee for prioritizing this important policy change. And thank you to the legislators who have championed this issue. We are excited to get to work,” said State Treasurer Deborah B. Goldberg, Chair of the Massachusetts State Lottery Commission.
“Our team is excited to implement an online Lottery. We are ready and prepared to offer our players a modern lottery experience in a safe and accessible environment. At the same time, the Lottery is unwavering in its commitment to our dedicated retail partners who have helped us become the most successful lottery in the country,” said Mark William Bracken, Executive Director of the Mass Lottery.
The Lottery will be conducting a Request for Response to procure services for the operation of an online Lottery. Lottery officials anticipate launching its online platform in approximately 16 months. The legislation requires customers to be at least 21 years old to participate. The age requirement for retail Lottery sales remains 18.
TheLotter Australia has announced a new addition: a user-friendly mobile app, available for both iOS and Android devices. This extension complements the already popular website, offering Australians a simple way to join the world’s biggest lotteries and potentially make a fortune.
“With theLotter Australia app on their phone, local players can take a chance at the biggest jackpots worldwide in just a few clicks,” Piers Morgan, Director of theLotter Australia, said.
With theLotter Australia app, which boasts the biggest variety of international lotteries, customers can:
- Secure a chance at winning huge jackpots effortlessly.
- Order tickets which will be matched to equivalent overseas entries. For instance, fill out numbers with PowerLuck and they will be matched to the official US Powerball by third-party agents on your behalf.
- Access the matched ticket in your personal account.
- Instant display of the winning numbers on our results pages shortly after they were drawn.
- Commission-free winnings, after the deduction of relevant taxes.
- Customised jackpot alerts for their favourite lotteries.
When a customer wins, they can rely on theLotter Australia for prompt notifications about the good news. Winnings valued at US$ 600 or less are directly deposited into the customer’s account. For larger winnings, theLotter Australia provides the physical ticket needed to claim the prize.
The post TheLotter Australia Expands its Offerings with the Launch of a New Mobile App appeared first on European Gaming Industry News.
The General Commercial Gaming Regulatory Authority (GCGRA), the federal entity overseeing commercial gaming activities in the United Arab Emirates, announced the award of a license to operate the UAE’s first authorised lottery operation. The announcement marks a new milestone in the GCGRA’s endeavour to establish a well-regulated commercial gaming sector in the UAE, built on the principles of transparency, accountability, consumer protection and responsible gaming practices.
The lottery license was awarded to The Game LLC, a commercial gaming operator specialising in game development, lottery operations and gaming-related content. Operating under the banner of the “UAE Lottery”, the GCGRA’s first licensee will offer a diverse range of lottery games and other games designed to cater to players’ variety of interests and financial preferences.
Jim Murren, the Chairman of the GCGRA, said: “The launch of the UAE Lottery is a pivotal event that not only marks the establishment of a disciplined world-class regulatory framework for lottery activities but also underscores our commitment to nurturing a secure and enriched commercial gaming environment in the UAE.”
Kevin Mullally, CEO of the GCGRA, said: “The GCGRA is steadfast in its commitment to global best practices in consumer protection and regulatory oversight. Our regulatory framework is designed to ensure the integrity, fairness, and transparency of commercial gaming activities in the UAE, which include lottery games. It also provides consumers with a comprehensive set of tools to monitor and manage their gaming activity. Additionally, we are leveraging new technologies to foster the creation of safe, entertaining games and drive consumer-focused innovation.”
The post The GCGRA Awards License for UAE Lottery appeared first on European Gaming Industry News.
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