Scout Gaming signs agreement with Française des Jeux
Scout Gaming has entered into an agreement with Française des Jeux (FDJ) that stipulates a co-offering as well as an integration towards each other’s technical platform. FDJ is the national lottery and the French leader in gambling and entertainment, the #2 Lottery in Europe and #4 worldwide. In 2018, from 25 million players, with more than 30,000 points of sale and 2,300 employees, FDJ collected €15.8 bn in stakes, 15% of which were digital.
The agreement is conducted with FDJ Gaming Solutions, which is the innovation and technology hub of Française des Jeux. In connection to a fully launched co-offering with FDJ, Scout Gaming explores the opportunity to widen its product offering to include the retail market.
"I’m very pleased to enter into this agreement. FDJ is a leading WLA operator and one of the dominating gaming companies in the world. This agreement should be looked upon as groundbreaking for Scout Gaming”, comments Scout Gaming’s CEO, Andreas Ternstrom.
Due to the uncertain timetable, Scout Gaming is unable to guide on what impact, if any, the agreement will have on its 2019 revenues, however, the agreement is expected to generate material income in future years. Scout Gaming's long-term revenue is dependent on how many customers playing Scout Gaming games, and to what extent these players will use the products.
For additional information, please contact:
Andreas Ternström, CEO, Scout Gaming
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com
About Française des Jeux
FDJ, the national lottery and the French leader in gambling and entertainment, the #2 Lottery in Europe and #4 worldwide, offers more than 90 games, lottery - draw-based games (Loto, EuroMillions) and scratch-card games (Millionnaire, Astro, Vegas, Cash) - and sports betting (ParionsSport), at points of sale and on line.
In 2018, from 25 million players, with more than 30,000 points of sale and 2,300 employees, FDJ collected €15.8 bn in stakes, 15% of which were digital. It distributed €10.7 bn to its players, contributed €3.6 bn to public finance, and paid its retailer network €0.8 bn.
About Scout Gaming Group
Scout Gaming Group is a licensed and regulated provider of B2B Fantasy Sports and pool betting. The company offers a flexible and customizable network-based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group has approximately 80 staff and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta. Scout Gaming is listed on Nasdaq First North and the Certified Adviser is Redeye AB - Phone: 08 – 545 013 49, email: info@redeye.se.
This information is information that Scout Gaming Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on 28 May 2019.