La Française des Jeux (FDJ) has successfully acquired Premier Lotteries Ireland (PLI), the operator in charge of operating the Irish National Lottery until 2034. The acquisition, valued at €380m ($408m), was completed on July 28. FDJ will now hold 100% of PLI’s share capital.

Stéphane Pallez, Chairman and CEO of FDJ, expressed excitement about the company’s expansion into international markets as a lottery and online gaming operator. The collaboration between FDJ and PLI aims to offer a responsible and enjoyable gaming experience to the Irish public.

In 2022, PLI reported a gross gaming revenue (GGR) of €399 million and generated €140 million in revenue, achieving an EBITDA margin rate similar to FDJ’s. PLI was granted the exclusive license for the Irish National Lottery in 2014, valid until November 2034.

Andrew Algeo, CEO of Premier Lotteries Ireland, emphasized the positive impact of FDJ’s support on the Irish National Lottery and its stakeholders. Algeo expressed gratitude towards the shareholders, Ontario Teachers’ and An Post, for their continuous support in the steady growth of the National Lottery. The PLI team looks forward to collaborating with FDJ to further enhance the performance of the Irish National Lottery and contribute to FDJ’s global expansion in the lottery sector. According to FDJ’s Q3 2023 report, the company achieved €586m in revenue, bringing their total revenue for the year to €1.88bn.

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