The French interest in games Camelot
The bill plans to liberalize paris sports and poker on the Internet could upset the French world of games. Reportedly, the French game is looking closely at a possible acquisition of Camelot, the operator of the lottery UK National Lottery. Its current owners are equal, the British confectioner Cadbury, the electronics firm Thales Defense, the British printer of banknotes De La Rue, the Japanese Fujitsu Computer Group, and Royal Mail, the British position. All sellers are today.
When questioned, the French game refuses to comment on. The group, which has no debt, has yet mandated a bank to help make a decision about the acquisition.It is true that such an operation would allow him to become a true European player at a time when it is going to lose some of its monopoly on the Web (The French games, however, maintain exclusivity Games Internet lottery). It was through early 2010 to make an offer. At this stage, nothing is decided. Sources familiar with the matter, Camelot, fifth and seventh European Lottery World, a monopoly in the country, would be valued around 300 million pounds (330 million euros). During the 2008-2009 fiscal year (ended in late March), the company achieved a turnover of over 5 billion pounds (up 3.6% in one year), including 1.3 billion returned to good causes as required by British law.
The games are far from facts
The French game and Camelot is familiar: both are longstanding partners.Their leaders are the cause of Euro Millions and they work together to develop a global lottery for 2012. By taking control of Camelot, the French would hand over a group which, despite its monopoly, operates in a market where sports are liberalized paris and compete lottery. Camelot is much more advanced in the provision of games on the Internet, mobile phones and interactive TV. These sales channels represent 10% of bets (against 2% in the JDF).
The games are far from facts, for the French gaming is far from the only interest in the matter. Richard Branson, the founder of Virgin, twice an unsuccessful candidate in the past acquisition of Camelot, is determined to win. According to the Times, he joined forces for an opportunity to People's Postcode Lottery (PPL), a Dutch private lottery.Indian lottery Sugal & Damani, also unsuccessful candidate for a revival of Camelot when it was privatized, returned to the charge.
Other candidates are likely. The Italian Lottomatica lottery, number one in Europe before the French game, is also studying the issue. Not to mention investment funds. The Times cites CVC Capital Partners, Cinven and General Atlantic. They are attracted by the recurring revenue of Camelot and its monopoly, limiting them to take risks.
"Paris Online Sports: liberalization may be delayed