The leader has to be practical and a realist yet must talk the language of the visionary and the idealist.
—Eric Hoffer
| INVITE FRIENDS! |
| Desperate times call for desperate measures |
Cash-strapped France is set to privatize the state-run lottery and betting operator Française des Jeux (FDJ) via an initial public offering.
This is the French government’s way to make fast money.
The government plans to make the FDJ public in 2019, selling 50% of its total 72% stake to investors. Offering the FDJ to the public is part of a privatization framework where the government is expected to raise a total of around €10b. As part of the process, a regulatory body that will ensure that the FDJ will continue its adherence to government policies will be instituted. With total sales of around €15.1b in 2017, FDJ is the second largest lottery operator in Europe behind Italy’s Lottomatica.
| FEATURED VIDEO |
Tsachi Maimon: There’s more stability and potential in regulated market
In this interview with CalvinAyre.com’s Becky Liggero, the Aspire Global CEO shared the company's newest turnkey solution that promises to manage the operations of sports betting companies.
| FROM COINGEEK.COM |
‘I’m back, Jack’: @Bitcoin returns after Twitter ban
The suspension of the @Bitcoin account left many users hatching their conspiracy theories on why it was banned.
| GLOBAL ROUND UP |
| ASIA |
A Macau court has absolved the company of responsibility for a massive internal theft in the Dore-operated VIP room at the Wynn Macau.
The authorities raided the five-star gambling facility after ignoring warnings of Nepal’s Inland Revenue Office (IRO) to obtain a license before selling alcoholic beverages in the casino area.
| EUROPE |
The Gibraltar-based company reported that its revenue during the January-March 2018 period grew to £5.1m (US$7.2m) thanks to its growing commercial and operational strength internationally.
Parliamentarian Marcel Dobler had received an offer of a seat on the board of directors of one of the country’s land-based casinos to make him vote in favor of the new online gambling law.
| NORTH AMERICA |
CalvinAyre.com’s Rafi Farber dissects the reasons why the stocks of Caesars Entertainment are falling.
| FACT YOU NEED TO KNOW |
Casino du Liban in Lebanon wants to elevate the roulette experience of their players, literally. Casino visitors are treated to the largest interactive ceiling roulette. Patrons play on the roulette table and then check the results on the ceiling.
| PRESS RELEASE |
Betting Gods Malta Ltd enters eSports markets
The Malta-based company has launched its new product called eSports Betting Tipster, a subscription based service that offers daily odds and tips covering competitive video games.
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