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FDJ Evaluates the UK’s National Lottery Tender Options

10 December 2019, 11:55
Votes: 1

According to “The Daily Telegraph”, this weekend, the governance of FDJ (Française des Jeux) has negotiated with Rothschild, an investment bank, in order to evaluate options regarding the possible competition in the UK’s National Lottery tender next year.

FDJ Evaluates the UK’s National Lottery Tender Options

Earlier, the recently privatized FDJ has acquired Bimedia, the country’s payment solutions provider, for approximately fifty million euros. Thus, the French lottery monopoly needs to continue to grow and reach new heights. One of them is a participation in the UK’s tender that will be open next year.

The above-mentioned investment bank Rothschild has been appointed as one of a few strategic advisors by the country gambling regulatory body to support the next year’s tender framework and bidding process. Fulfilling this task, Rothschild cooperates with Deloitte, a management consultancy, EY, an audit firm, and Hogan Lovell, a law firm.

The UK’s media sources have named the future National lottery tender, for which many predictions had already been made, one of the most intriguing business events in 2020.

As mentioned earlier, the UK’s gambling regulator addressed organizations responsible for holding charity lotteries during the time of the Christmas holidays and asked them to work legally in order to avoid any lawsuits.

Read more: Gambling Legislation in European Countries

Read more: Online Gambling Licenses in the European Union

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