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Skilled Team for New Project

Ladbrokes and Canal+ previously announced plans for a joint venture into the French online casino gambling industry that is now really starting to take shape. Both of the companies are eager to use their license to launch into the newly opened French market and take a share of the waiting market. Both companies have a strong reputation in the marketplace for excellence and their new joint site is an anticipated success. The latest development toward launching the new company is the setting of the management team. Both companies have contributed some of their top talent to the new company and the management team for the new online casino gambling site has decades of experience and success within the gambling industry.

The two central members of the new company are François Deplanck in the role of CEO and Mick D’Ancona as the COO. Deplanck brings to the management team experience within the French market, though not necessarily the online casinos because this is really the first liberalization of the market and the first time that the French government is welcoming a relatively competitive internet gambling market. D’Ancona on the other hand has experience with Ladbrokes as the former head of the IT department and remote gambling operations for Ladbrokes. These two have the joint expertise for a successful online casino gambling operation, but are also joined by a handful of other highly skilled board members.

Although Ladbrokes is working with Canal+ to launch this new joint online casino and internet gambling venture, Ladbrokes has publicly noted that the company will not launch any other French gaming sites while the venture with Canal+ is in operation. At this point this aspect of the deal is not a major sticking point because of all of the severe taxes that offshore companies face for operating within the French market without a link to a French based company.