FDJ United up in H1, although Kindred revenue dips on tough 2024 comps

Thursday, July 31, 2025 8:30 PM
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  • Robert Fletcher, iGaming Business

In its H1 earnings release on Wednesday, FDJ United flagged an 11.5% year-on-year dip in revenue for its online betting and gaming business, operated by Kindred.

While Kindred was not part of the FDJ group until October 2024, the comparison includes “restated” figures, meaning Kindred’s H1 2024 figures, as if the operator had already been part of FDJ…

However, wider group revenue experienced a 30.7% year-on-year increase during the first half of 2025 to €1.87 billion ($2.14 billion), FDJ United reported. This surpassed the €1.43 billion posted in the corresponding period last year.

FDJ noted growth across two core areas: French lottery and retail sports betting. These businesses were the primary source of revenue by some margin.