on FDJ (EPA:FDJ)
FDJ UNITED Reports €925m Revenue in Q1 2025 with Kindred Integration
FDJ UNITED, a major European betting and gaming operator, reported €925 million in revenue for Q1 2025, marking a 30% increase year-on-year due to Kindred integration, but a 1% decline on a comparable basis. The French lottery and retail sports betting segments saw a 4% revenue boost to €640 million, driven by a 6% rise in stakes.
Online betting and gaming faced challenges with a 10% revenue drop, affected by stricter regulations and higher taxation in the Netherlands and the UK. Despite these challenges, active players in this segment grew by over 5% compared to Q4 2024.
The International lottery and Payment & Services segments contributed €38 million and €16 million, respectively. The company is committed to its international and digital transformation strategy amidst regulatory challenges.
R. E.
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