German online lottery giant Zeal Network SE announced its financial report for the first half of 2025, with group revenue soaring by 32% year-on-year, reaching 101.5 million euros. Despite rising operating costs, the company's EBITDA surged by 76% to 35.4 million euros, demonstrating strong profitab
French National Lottery company FDJ and German online lottery group Zeal Network SE announced a joint strategic investment in Swedish iLottery and iBingo operator Random State. This investment aims to promote the company's business expansion, marketing capabilities, and product innovation, helping i
The total revenue from gambling in France is steadily increasing, and FDJ's acquisition of Kindred has provided a more competitive environment for players. However, the upcoming tax increases and the lack of development in online gambling are suppressing this growth. So, what is hindering the market
FDJ Restructures Executive Team and Business UnitsFrançaise des Jeux (FDJ) has announced a major reorganization of its executive leadership and operational structure following its acquisition of Kindred Group. The move is part of a broader strategy to strengthen its position in the European gambling
French Traditionalists Scrutinize FDJ UNITED’s New IdentityComing just a few months after its acquisition of European gaming powerhouse Kindred, French lottery and betting giant FDJ embraced a new brand identity, renaming its business to FDJ UNITED.Although this change was meant to reflect the compa
Kambi Group has been selected by FDJ Group to take on the latter company’s sports betting contract with Ontario Lottery and Gaming Corporation (OLG). Kambi said it expects to replace FDJ as OLG’s sports betting partner in the second half of this year via a novation agreement and multi-channel mig
State-owned FDJ expects increased gambling tax requirements in France to result in a €45 million ($47.1 million) EBITDA impact in 2025 as the government finalizes tax and social security increases for each gaming vertical.In a statement dated 14 February, FDJ said it would likely pay an additional €
Kindred Publishes Responsible Gambling Metrics for H2 2024Kindred Group has published its latest Responsible Gambling Metrics report, highlighting its success in tackling harm in the six months ended December 31. The second half of 2024 showed that the percentage of customers who reduced their spend
The French betting company La Française des Jeux (FDJ) recently announced its financial results for the third quarter of 2024 and year-to-date.In the first half of 2024, FDJ's gross gaming revenue (GGR) was 3.66 billion euros, an increase of 11.1%.After deducting public taxes, the net gaming revenu
IGT Global Solutions Corporation, a subsidiary of International Game Technology (IGT), has signed a three-year contract with La Française des Jeux (FDJ), the operator of the French National Lottery, to deliver innovative instant ticket games. This contract was awarded after a competitive bidding pro
The ongoing debate around online casino regulation in France has highlighted many of the factors, contradictions and elements that influence policy in the country. While the issues are, in some cases, specific to the industry there, they draw on parallels with other countries and can seem eerily sim
La Française des Jeux (FDJ) is set to launch its first bond issue to refinance the €2bn [$2.1bn] bridging loan the group took out to proceed with its €2.6bn acquisition of Kindred Group. FDJ will meet investors over the next few days to assess market sentiment and expectations of its enlarged busine
The European Commission has ruled that French gambling operator La Française des Jeux (FDJ) must pay an additional €97 million ($103 million) to maintain its monopoly over lottery and betting in France, bringing its total payment for exclusivity rights to €477 million ($519 million). The ruling conc
The European Commission has made a decision indicating that the fees French gaming company (FDJ) must pay to operate its lottery games and sports betting monopoly are in compliance with competition rules, despite the company making financial adjustments. This decision was made after an in-depth inve
The fee France’s gambling provider Française des Jeux (FDJ) pays for its monopoly to operate lottery games and sports betting is in line with competition rules after adjustments, the European Commission said on Thursday.The Commission’s decision, which follows an in-depth state aid investigation, co
Kindred Group released its financial results for the third quarter of 2024, showing a 4% year-over-year increase in revenue to £295.4 million ($382.2 million), but a 18.8% decrease in gross profit to £12.5 million.Third Quarter HighlightsThe quarterly net profit also decreased by 27% year-over-year
