#KindredAcquisition

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European Commission rules FDJ must pay an additional $103 million to retain its lottery and betting monopoly.

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

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FDJ's third-quarter performance: Revenue increased by 14.2% year-on-year

French betting company (FDJ) has announced its financial results for the third quarter of 2024 and year-to-date. Overall, the revenue for the period ending September was €2.1 billion ($2.27 billion), an increase of 11.9% year-over-year and 5.8% year-over-year, with this quarter contributing €669 mil

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