Tag: FDJ
Cost cutting helps push Kindred’s net profit up 22.7% in Q1 as North American exit, possible sale to FDJ approach
Kindred Group reported a 22.7% increase in net profit to £31.4m ($39.1m) during its first quarter, helped by cost reduction initiatives... more
France: FDJ’s total Q1 revenue up 7%
La Française des Jeux (FDJ) has released its financial results for the first quarter of 2024. In total, group revenue came to €710m... more
FDJ’s CEO determined for company to expand beyond France
Française des Jeux (FDJ) will continue to focus on the international development of its lottery and online sports betting and gaming... more
FDJ’s CEO says ‘planets aligned’ for acquisition after Kindred’s US exit
La Française des Jeux (FDJ) Chairwoman and CEO Stéphane Pallez says there was “an alignment of the planets” following the French... more
FDJ maintains 2023 growth with online gaming and sports despite lotto loses
Groupe FDJ lauds its improved operating efficiencies to overcome a year of stagnant results in its flagship Française des Jeux (FDJ)... more
FDJ clears Swedish financial audit to proceed with €2.6B acquisition of Kindred
Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial... more
FDJ to sell Sporting Solutions as future lies in B2C growth
Groupe Francaise des Jeux (Groupe FDJ) has put its B2B unit Sporting Solutions up for sale and is looking for a buyer for the company it... more
FDJ’s FY2023 revenue up 6.5% as Kindred bid confirmed
In its full-year 2023 trading update, La Française des Jeux (FDJ) reported a 6.5% rise in revenue for the 12 months to 31 December. The... more
FDJ nears roughly $2.5 billion deal for Kindred Group
La Française des Jeux is in talks to acquire Kindred Group for around $2.5 billion, according to people familiar with the matter, in a... more
French commercial casinos decry FDJ’s ‘monopolistic advantages’
France’s largest casino groups have written to the new Prime Minister Gabriel Attal excoriating Française des Jeux (FDJ) for its... more
