List of direct and indirect subsidiaries
- La Française d’Images, a company governed by French law, wholly owned by FDJ with its head office located at 121 rue d’Aguesseau 92643 Boulogne-Billancourt Cedex, France. It produces audiovisual works, mainly to meet the parent company’s internal needs (Loto and Euromillions draws, Keno Gagnant à Vie; in addition to the production of films for seminars...) and is also responsible for managing the sets for programmes produced by FDJ. It works with all Euromillions partner lotteries. In 2018, it generated revenue of €12.3 million;
- La Française de Motivation, a company governed by French law, wholly owned by FDJ with its head office located at 18-59 avenue de la Voie Lactée 92100 Boulogne-Billancourt, France, It is a travel agency and a business travel consultant. It notably organises trips and events for prize winners and the FDJ Group distribution network (for intra-group income of €6.9 million as at 31 December 2018, compared to €8.1 million in 2017 for services to the parent company), its main customer. It generated revenue of €9.1 million in 2018, a decrease of 14% compared to 2017;
- FDP, a company governed by French law, wholly owned by FDJ with its head office located at 18-59 avenue de la Voie Lactée 92100 Boulogne-Billancourt, France, is the lottery games and betting distribution subsidiary in mainland France. Created in 2013 from the merger of 14 distribution companies, it recently took over almost 60 sectors formerly operated by broker-agents and develops the relationships with the points of sale that, as at the date of this Registration Document, collect two-thirds of the Group’s stakes. It generated revenue of €75.7 million in 2018, compared to €93.9 million in 2017. The change in revenue is related to the end of deployment of direct distribution in FDP branches supported by a change in the commission rate;
- FDJ Développement, a company governed by French law, wholly owned by FDJ with its head office located at 18-59 avenue de la Voie Lactée 92100 Boulogne-Billancourt, which is responsible for the operation and management of the FDJ network in the Antilles and French Guiana. It generated revenue of €2.2 million in 2018, stable compared to 2017. The commissions paid by FDJ in respect of services carried out by FDJ Développement amounted to €2.2 million in 2018 compared to €2.0 million for the previous year;
- Pacifique des Jeux, a company with its head office located in French Polynesia, 99.9% owned by FDJ (the remainder is subject to a simple loan (prêt de consommation) for the benefit of employees,) operates the Group’s gaming products in French overseas communities. It generated revenue of €6.4 million (of which €6.3 million related to commissions paid by FDJ with different rates depending on game type) in 2018, compared to €6.6 million in 2017;
- FDJ Gaming Solutions, a company governed by French law, wholly owned by FDJ, with its head office located at 18-59 avenue de la Voie Lactée 92100 Boulogne-Billancourt, France, is the holding company for the Group’s International activities. Its tasks consist in developing FDJ Group’s strategic core technologies and marketing B2B services internationally. As a holding company, it does not generate revenue. FDJ Gaming Solutions holds shareholdings in the following companies:
- FDJ Gaming Solutions UK, a company governed by UK law, wholly owned by FDJ Gaming Solutions acquired in March 2010 (with its head office located at 140 Fenchurch Street - 5th Floor – London – England – EC3M 6BL). It is responsible for developing the Group’s sports betting technology, both within the Group and for the benefit of foreign third-party companies. It generated revenue of €12.9 million (of which €6.2 million related to sales to FDJ) in 2018 compared to €11.5 million (of which €5.6 million related to sales to FDJ) in 2017;
FDJ Gaming Solutions France, a company governed by French law, wholly owned by FDJ Gaming Solutions (with its head office located at 18-59 avenue de la Voie Lactée 92100 Boulogne-Billancourt, France), is responsible for the development of digital technologies and lottery points of sale within the Group and for the benefit of foreign third-party companies. It generated revenue of €20.7 million (of which €18.0 million related to sales with FDJ) in 2018 compared to €21.9 million (of which €19.2 million related to sales with FDJ) in 2017. FDJ Gaming Solutions France wholly owns:
- FDJ Solutions de Jeux Canada, a company governed by Quebec law incorporated in May 2019, wholly owned by FDJ Gaming Solutions (with its head office located at 511-625 avenue du Président Kennedy, Montreal (Quebec), H3A1K2 Canada) is responsible for providing IT services;
- Spynsol (Sporting Group), a company governed by UK law acquired in May 2019 (with its head office located at Gateway House – Milverton Street – London – England – SE11 4AP), with operations in the UK, South Africa, Canada, Sweden and Malta. It is responsible for (i) providing services to sports betting operators and (ii) spread betting and proprietary trading.
List of shareholdings
- Société de Gestion de L’Echappée (“SGE”), a company 50% owned by FDJ and 50% owned by Groupama, is responsible for managing the “Groupama-FDJ” cycling team. See section 220.127.116.11 “Société de Gestion de L’Echappée”. It generated revenue of €16.9 million in 2018, compared to €14.0 million in 2017. The sponsoring contract between FDJ and SGE was valued at €7.3 million in 2018 compared to €11.9 million in 2017;
- Beijing Zhongcaï Printing Co (“BZP”), a company governed by Chinese law, 37% owned by FDJ Gaming Solutions, which prints scratch cards. See section 18.104.22.168 “Contract relating to the joint company Beijing Zhongcaï Printing Co.”; discussions are currently ongoing for the purchase of FDJ’s shareholding by the Chinese lottery;
- National Lotteries Common Services, a company governed by French law owned equally with Santa Casa da Misericordia de Lisboa, the Portuguese lottery, is responsible for coordinating projects concerning changes in shared technologies. It generated revenue of €8.1 million in 2018;
- Services aux Loteries en Europe, a company governed by Belgian law, 26.57% owned by FDJ, which carries out shared operations for the Euromillions game run by FDJ and nine other European lotteries (Camelot – UK, Loterias y Apuestas del Estado – Spain, An Post National lottery company – Ireland, LNL Services – Belgium, Departamento de Jogos da Santa Casa da Misercordia de Lisboa – Portugal, Osterreichische Lotterien GmbH – Austria, Loterie de la Suisse Romande – Switzerland, Swisslos Interkantonale Landeslotterie – Switzerland, Œuvre Nationale de Secours Grande-Duchesse Charlotte – Luxembourg). It generated revenue of €4.4 million in 2018;
- Lotteries Entertainment Innovation Alliance (LEIA), a company governed by Norwegian law, created on 1 October 2018, equally owned by FDJ, Danske Lotterie Spile (Denmark), Norsk Tipping (Norway) and Veikkaus (Finland), operates the Interactive Factory game platform. It did not generate any revenue in 2018.
FDJ Corporate Foundation
On 6 January 1993, FDJ incorporated the FDJ Corporate Foundation.
In response to changes in French society and new challenges for the Group, the FDJ Corporate Foundation changed its purpose in 2017 and is now committed to promoting equal opportunities through gaming in all its forms, in line with FDJ’s values.
It supports general interest projects to enable people in difficulty, to achieve their potential and demonstrate their talent, regardless of the reason for their difficulty (age, disability, economic, social or cultural hardship). It focuses on promoting recreational, collaborative or (re)creative projects in the areas of education, training and insertion into society, and it aims to support innovative projects designed to be rolled out throughout French territory and to measure their social impact. It has a maximum allowance of €18 million for the 2018-2022 period.
In June 2018, it launched its first call for major national projects and received over 150 applications. From 2019, the five projects selected will benefit from a total of €1.7 million in funding from the Foundation over two years.
The Association l’Echappée founded Société de Gestion de l’Echappée (see section 22.214.171.124 “Société de gestion de L’Echappée”) pursuant to Article L.122-2 3° of the French Sport Code.
On 6 December 2018, the Association sold all of its shares in Société de Gestion de l’Echappée which, as at the Date of the Registration Document, is owned equally by FDJ and Groupama.
The Association L’Echappée, which is affiliated with the French Cycling Federation, aims primarily to promote cycling as a sport as well as (i) the establishment of ethical rules and moral control of compliance with these rules, (ii) the management of all activities related to amateur cycling and (iii) the procurement and management of individual licenses for the members of the Groupama-FDJ cycling team.