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FDJ Enters Into Exclusive Negotiations to Acquire ZEturf Group

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3 years ago

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France’s national lottery and gaming operator La Française des Jeux (FDJ) announced that it has entered into exclusive negotiations to acquire ZEturf group.

This acquisition is part of FDJ Group’s strategy to bolster its presence in France’s competitive online gaming market, notably in areas where it does not yet operate, horse-race betting and poker.

Founded in 2001, ZEturf group operates in the online horse-race betting market and in the online sports betting market under the ZEbet brand.

ZEturf has around one hundred employees and recorded nearly €800 million in bets in 2021, including more than €100 million in B2B bets. Online horse-race betting accounts for more than 50% of ZEturf’s B2C bets, making it France’s second-largest operator in this segment, with a market share of around 20%. ZEturf also operates in the Netherlands, Belgium and Spain.

This transaction will be subject to approval by the relevant authorities.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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