WILL FRENCH GAMBLING MONOPOLY LIST NEXT YEAR?

17 October 2008

Rothschilds engaged to advise on F de J going public

 

The 72 percent French government owned gambling monopoly, La Française des Jeux, could list on the French stock exchange next year according to French media reports resurrecting the prospect this week. The Rothschild company has already been engaged to advise the government in the matter as the possibility of legalised and regulated online gambling in France increases (see previous InfoPowa reports).

The government has not yet made known how much of the lucrative company it will make public

The French government owns 72 percent of the gambling monopoly, with war veterans and other charities holding 9.2 percent, investors 3 percent and employees 5 percent.

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