FDJ Gaming Solutions, subsidiary of FDJ Group, has acquired sports betting technology and trading company Sporting Group.
The deal gives FDJ pricing, trading and risk management capabilities, as well as full control of Sporting Solutions, the B2B sportsbook services supplier, and Sporting Index, the sports spread betting company.
Xavier Etienne, executive VP technology and international at FDJ Group and CEO of FDJ Gaming Solutions, said: "We are very pleased to have completed this acquisition, which underlines FDJ’s ambition in the B2B sports betting sector. FDJ recognises the excellence that Sporting Group has in pricing and trading. That is why this operation is key for our B2B international development."
Simon Trim, CEO of the Sporting Group, said: "It is clear we have a shared vision on the future shape and evolution of the industry, in particular the important role that expert risk management and price differentiation will play going forward. The acquisition allows us to continue delivering our world-leading B2C spread betting proposition and B2B trading services, and we look forward to delivering exciting new products and services as part of the enlarged business.”
