Française des Jeux (FDJ), France’s state-backed betting, gaming and lotteries operator, has reported a stellar start to 2023 trading, reporting ‘good momentum’ across all verticals.
Group-wide figures for the first three months of the year saw FDJ’s revenue rise 5% to €662m (€628.9m) on a pro-forma basis, including the acquisitions of its point-of-sale (POS) payments provider Aleda and retail solutions firm L’Addition.
Growth was driven by a 8.6% increase in stakes to €5.5bn (€5bn) across all three product verticals, whilst an uptick in sports betting from summer 2022 and last year’s World Cup continued.
As a whole, online sports betting and gaming delivered revenue of €129m, with this figure remaining consistent for the former vertical, which achieved this sum in Q1 2022.
