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Equity Mates Investing Podcast

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French Lotter

The French lotter FDJ has a monopoly concession to run the lottery for 30 years. Anthony is saying that what happened with lottery corp and why it's going so well now is because they took the lottery from an offline bricks and mortar and now have taken it to an online. So he's saying there are many reasons why the French lotter should mirror what is going on with lottery corp. But I mean, there's a few assumptions in there: Lotteries are just incredibly regulated businesses. People don't want to encourage gambling. The governments love the tax revenue from gambling.

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