The privatisation of the French games more complicated than expected

The Française des jeux (FDJ) will be the first company privatised by Emmanuel Macron, before ADP (formerly Paris Airports) or Engie ? “This will be the simplest and this is what will start the privatizations in the next few months “, affirmed the minister of economy and finance, Bruno Le Maire, on September 5 LCI. But since then, the record proves to be less “simple” than expected.

The implementation of a new regulation of gambling, a step deemed essential prior to privatise the main company of the sector, in fact the subject of debate vigorous, even within the government and the majority. This is demonstrated by the meetings of the special commission of the national Assembly in charge of examining the draft law Covenant, this text is a catch-all “related to the growth and transformation of businesses” in which the privatization program has been dragged.

If necessary, the Exchange will wait

“We still have several sticking points,” acknowledges Mary Lebec, mp (LRM) of the Yvelines department, and one of the shadow rapporteurs of the bill. All disputes will probably not be settled before the review session, scheduled from Monday, September 24th. And then the drafting of the texts of application promises to be also delicate.

Result, it is not excluded that the listing of the operator of the Lottery and Illiko be delayed. “There will be no privatisation of the FDJ as there will be no robust regulation of monopoly,” promised The Mayor to the members. “If the work for the implementation of this regulation, very complex, take too much time “, the Exchange will, he assured.

The government was preparing long time to be attacked on the principle of privatisation. There will cut not. In committee, the left has honed its arguments against an operation ” a symbol of this ideology of another time…

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