French gaming group FDJ said on Thursday that to the best of its knowledge the government’s forthcoming Social Security budget will not include any tax measures concerning gambling.
The company’s shares fell as much as 9.7% on Thursday on media reports that the French government would implement a tax hike on online gaming and betting from 2025, in order to increase the Social Security budget.
“To our knowledge, the PLFSS (Social Security finance bill), which will shortly be presented to the Council of Ministers, will not contain any tax measures concerning gambling,” FDJ said in an emailed statement in response to a Reuters query.
