FDJ United has cut financial targets in its Q3 2026 report amid player wins and tax headwinds.
The French lottery giant said overall revenue during the quarter fell 8.1% to €794m [$884m] due to inherent gaming factors, tax increases and a decline in traffic at points of sale amid unfavorable economic conditions.
Gross gaming revenue (GGR) came in 6.1% lower at €1.95bn [$2.17bn], while net gaming revenue (NGR) dropped 7.4% to €758m [$844m].
In fact, a revenue decrease was reported across all four business units in Q3 2026, led by a 15.7% downturn in international lottery revenue to €37m. French lottery and retail sports betting revenue fell 6.8% to €554m, while online betting and gaming revenue dropped 10.2% to €188m.
