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BNP Paribas Développement enters France Pari capital structure for continued B2B growth and tech investment

George Miller

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Sportnco and Netbet.fr renew sports betting partnership until February 2025
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France Pari/Sportnco – the leading provider of turnkey betting solutions to igaming operators in regulated markets, is pleased to announce the entry of BNP Paribas Dévelopment into its capital structure.

The agreement sees BNP Paribas Développement become a minority stakeholder in the group with a presence on the company’s strategic committee and enables France Pari to boost its investment in technology to benefit its B2B customers and prospects.

The arrival of such a major financial institution into its corporate structure is a major boost for France Pari and an additional asset that will enable it to sustain the strong growth it has experienced in recent years.

It also reflects the trust that exists between BNP Paribas and France Pari, which have been working closely together for the past 10 years.

The agreement also validates the expertise and know-how that France Pari/Sportnco has developed since the regulation of the French igaming market in 2010. Its strategy, focused on B2B, has enabled it to become one of the European leaders in the supply and management of turnkey betting solutions for the igaming across regulated markets.

BNP Paribas Développement’s entry into France Pari’s capital structure is part of a long-term vision. The group invests its own funds in these projects, setting out a long-term path for growth without the short-term pressures on returns that are more common in private equity-backed operations.

BNP Paribas has also established access to a €2.8m fund alongside Credit Mutuel’s ARKEA division, to which France’s public investment bank BPI France has added €0.5m, further strengthening the group’s financial resources.

At a strategic level, France Pari will focus its attentions on its B2B customers and prospects and invest further in its technology to develop the best platform on the market.

Hervé Schlosser, President and founder of France Pari, said: “The arrival of BNP Paribas Développement into our corporate structure is extremely positive and we are delighted about it. It will enable us to provide an even better service to our current and future B2B customers in this high-tech sector. To work with and have the support of such major institutional investors is also a strong signal of the progress the French igaming industry has made in recent years as it reflects the attractiveness and long-term potential of our sector.”

Emmanuel Del Agua, Head of Investment at BNP Paribas Développement, added: “The remarkable work that France Pari has accomplished over the past 10 years has enabled it to develop first-rate technical expertise in France and internationally and to become a leader in its sector. Our entry into the group’s capital is a further sign of the confidence we have in the future of France Pari/Sportnco. “

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Polish Volleyball Federation Renews its Partnership with STATSCORE

Niji Narayan

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Polish Volleyball Federation Renews its Partnership with STATSCORE
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Polish Volleyball Federation (PVF) has announced that STATSCORE will remain the Official Data Provider of the Federation for another two seasons.

Based on the renewed agreement, STATSCORE data and widgets will be widely presented on the official website of the federation (pzps.pl) to provide engaging content to the fans.

“We’re pleased that under the new agreement our collaboration has been extended, and that STATSCORE will continue to deliver match data for PVF’s website and social media as our Official Sports Data Provider. We realize that, in addition to the basic information about the scores, volleyball fans are increasingly often looking for extensive and attractively presented match statistics, related both to teams’ and players’ performances. Thanks to the cooperation with STATSCORE, we are able to provide our fans with this kind of content quickly and professionally,” Justyna Tkaczyńska, Head of Marketing Department at PVF, said.

STATSCORE will provide the full coverage for all the national teams’ games through a dedicated LeagueCenter. Besides the international games, fans will also have access to all the domestic competitions for men and women covered with top quality stats. Every single game of the top tier leagues is available with 2D animations and live trackers.

“We are happy to renew our tie with the Polish Volleyball Federation, which is one of the most important partners for STATSCORE within the professional sports industry. When you think about global volleyball there is not more prominent federation to work with than Polish, which represents the world champions men team! It was not only a matter of business relation but mainly a matter of our ambition to be on the side of the people who know how to play volleyball better than anyone else in the world!” Jakub Myszkorowski, Chief Commercial Officer at STATSCORE, said.

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Industry News

Massive Jackpot Won at 32Red Online Casino

Niji Narayan

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Massive Jackpot Won at 32Red Online Casino
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Microgaming’s WowPot jackpot has been hit for a massive €17,529,047.11 (£15,183,085.96), marking the first-ever Mega win on the progressive jackpot.

On 14 April 2021, a 32Red Casino player in the UK became the first to land the top WowPot jackpot after placing a £0.80 bet on Book of Atem: WowPot. The player is one of 93 EUR millionaires to be created on Microgaming’s progressive jackpot network, which has paid out more than €1.3 billion across all games and jackpots to date.

Not only is the eight-figure sum the largest WowPot win of all time, eclipsing the €1,123,513.15 Major win triggered on Sisters of Oz: WowPot in March 2021, but it is also the third-largest award in the history of Microgaming’s progressive jackpot network. As with all wins on the network, the jackpot prize has been paid to the player in a lump sum.

Launched network-wide in September 2020, Egyptian-themed Book of Atem: WowPot was created exclusively for Microgaming by All41 Studios and was the second title to feature the four-tiered WowPot progressive jackpot. A total of €23 million has since been awarded through the game across all jackpot tiers, with one winner scooping a Major jackpot of €998,876.35 in March 2021.

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Industry News

Neymar Jr Becomes Cultural Ambassador of PokerStars.net

Niji Narayan

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Neymar Jr Becomes Cultural Ambassador of PokerStars.net
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Brazilian football star Neymar Jr has become the Cultural Ambassador of online poker site PokerStars.net. The appointment complements an existing collaboration between PokerStars and the football star.

In this latest chapter, Neymar Jr will collaborate closely with PokerStars.net on a series of creative projects inspired by the world of culture, from art and design to music and more. Bringing his passions and interests to the table, he will be shaking up poker with a series of exciting experiences for the PokerStars.net community.

In his first foray as Cultural Ambassador, Neymar Jr has curated a series of music playlists in partnership with PokerStars.net, providing the ultimate soundtrack for every type of poker game.

“Poker is so much more than just the game. It is a community and a culture and that is what I love about it. I am excited to start this next chapter with PokerStars.net, and we are already collaborating on a number of key areas. Music is a real passion of mine, so that was first on the list, but there is much more to come. I am excited for you to see what else we have in store,” Neymar Jr said.

“Neymar Jr is not just a globally recognised sports star, he is also a proven creative with a deep interest in the culture around him. This new role marks the start of something exciting for the PokerStars.net community, a merging of two worlds, where poker meets culture. In a first for the industry, together we’ll be creating moments to truly shake up poker and rewarding those who get involved in all that’s to come,” Martin Nieri, Global Director of Brand and Creative at PokerStars.net, said.

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