FDJ United will conduct a market review, signalling potential divestment and market exits, the operator announced during its H1 2026 results report.
The operator is seeking to stabilise its gross gaming revenue (GGR) and mitigate the impacts of gambling tax increases in various jurisdictions.
Stéphane Pallez, president and CEO of FDJ United, commented: “The group’s performance in the first half of the year continued to be impacted by increased taxes.”
That impact was visible in the results – while GGR was down 1.3% year-on-year, the higher tax rates contributed to an even steeper erosion of net revenue at 4.5%.
Not all of the figures can be attributed to tax pressures, however.
EBITDA was down from €441m in H1 2025 to €404m, while adjusted net profit was down 19% from €222m to €180m.
Pallez also pointed towards the impact of “exceptional heatwaves, which have weighed on traffic at points of sale in France.”
As a result of these headwinds, FDJ will now consider pulling its online betting and gaming operations out of certain regions, as well as the sale of some parts of the business.
https://next.io/news/investment/fdj-review-online-gaming-business-after-kindred-acquisition/