← Back to Newsroom

France: FDJ hits €1.43B revenue in H1 as it awaits Kindred deal

Sunday, July 28, 2024 6:52 PM
Photo: Shutterstock
  • Stuart Crowley, Next.io

French operator La Française des Jeux (FDJ) has reported a robust performance for the first half of 2024, with revenue reaching €1.43bn [$1.55bn] amid 10.8% year-on-year growth. Growth was driven by a 7% increase in gaming activities within France, and a 40% increase in digital revenue.

FDJ’s gross gaming revenue (GGR) for the period stood at €3.66bn, reflecting an 11.1% increase. After accounting for €2.3bn in public levies, the net gaming revenue (NGR) rose by 11.3% to €1.36bn.

The additional revenue from other activities contributed an extra €72m, culminating in a total first-half revenue of €1.43bn.

Sigma email web 260729

Stéphane Pallez (pictured), chair and CEO of FDJ, attributed the success to the effective network of points of sale and the burgeoning digital game sector, which now represents 15% of the group’s total revenue.