LVS wins Francaise Des Jeux fixed-odds contract
LVS has delivered its Advanced Gaming Platform to enable FDJ to offer fixed odds sports betting online, as well as through FDJ's 26,700 retail terminals once the French online sports betting market opens during 2010.
LVS founder and CEO Simon Ordish said he was pleased "that FDJ, the second largest lottery in the world, have been willing to work with a relatively small company such as ourselves” and that the company will now seek similar contracts in emerging markets as regulation progresses.
Ordish said: “It has been a challenge to meet the requirements of such a big operator and there has been a lot of learning to do on both sides [but] gives us the platform to move forward into other markets.”
As reported on EGRMagazine.com, Paddy Power recently signed a B2B deal to provide French horse racing monopoly Pari Mutuel Urbain (PMU), French other monopoly provider, with fixed-odds risk management and pricing tools following PMU having revealed it would offer fixed odds sports betting into the French market when this opens during 2010.
UAE Lottery announces second AED 5 million winner in two months
Massachusetts high court signals skepticism in Kalshi sports contracts case
State attorneys general push for local control over sports prediction markets
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Red Rock Resorts posts record quarterly revenue, flags construction impact
William Hill owner Evoke to close 270 shops as losses widen on tax hit
Racing and Sports partners with Altenar to enhance global racing offering
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
