on FDJ (EPA:FDJ)
FDJ Sells Sporting Solutions Services Subsidiary to Betsson Group
FDJ Group, France's leading gaming operator, has announced the sale of its UK-based subsidiary, Sporting Solutions Services Limited, to the Betsson Group. Betsson Group is a global sports betting and gaming operator under Betsson AB, which is listed on the Nasdaq Stockholm stock exchange.
This transaction aligns with FDJ Group's strategy to concentrate its international activities on B2C and B2B2C operations in lottery, sports betting, and online gaming markets. The deal involves price setting and risk management activities for betting operators but excludes FDJ's sports betting managed services for lottery operators.
Sporting Solutions will benefit from Betsson's expansion plans in the B2B segment, enriching Betsson’s sports betting solutions portfolio. Betsson will gain access to Sporting Solutions' tech platforms, customer base, and expertise, enhancing its pricing and risk management capabilities.
The transaction is expected to be finalized once the conditions precedent are met.
R. P.
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