La Française des Jeux : Q1 2021 a shade below forecasts, the outlook for 2021 remains solid
>Q1 2021 stakes and revenue slightly below our forecasts - FDJ has reported Q1 2021 revenue that came in a shade below our forecast (notably for the lottery), but which reflect a return to a higher level of stakes than in 2019 and a fresh acceleration in digital stakes. For Q1 2021, stakes stood at € 4,591m (ODDO BHF € 4,708m), up 11.8% vs Q1 2020 (+5.8% vs Q1 2019), driven by the very strong acceleration in sports betting at +46% (+20% vs Q1 2019), benefiting from th...La Francaise des Jeux is a France-based semi-public company that operates lottery and online games. The Company operates under the commercial brand name, FDJ, and provides scratch games, sports betting and draw games via a network of 35,800 points of sale (as of December 31, 2010), including LOTO points of sale, tobacconists and newsagents. The Company's scratch games include 1, 2 and 3 euros games; sports betting include the brand names, ParionsSport and ParionsWeb; and draw-based games include LOTO, Euro Millions, Rapido, Keno and others. The Company is also active in the online poker market with the website Barrierepoker.fr, which is jointly-owned with Groupe Lucien Barriere. The Company owns various subsidiaries, including Pacifique des Jeux and FDJ Developpement for the distribution in French overseas territory; Societe de Gestion de l'Echappee, which manages the Company-sponsored professional cycling team; Francaise de Motivation, Francaise d'Images, Lotsys and LVS.
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