FDJ Group chairwoman and CEO Stéphane Pallez hailed the company’s “dynamic online gaming business” in helping steer overall Q1 revenue growth of seven per cent.
Pallez also said the French gambling operator group is “confidently pressing ahead” with its £2.1bn acquisition of Kindred, which remains subject to key pre-requisites.
FDJ’s online games segment posted revenue of €100m in Q1, representing almost 15 per cent of the group’s total gaming revenue, which rose to €710m.
The company’s sports betting and online gaming revenue combined totalled €141m in Q1, rising by 9.5 per cent from Q1 2023’s €129m.
Its lottery arm showed revenue growth of 1.4 per cent to €504m.
Gaming revenue in France for FDJ rose by 3.1 per cent to €645m, while revenue from other activities came to €65m, up from €37m in Q1 2023.
FDJ said the integration of Premier Lotteries Ireland helped this segment’s growth.
As for the ongoing acquisition of Kindred, FDJ has acquired 2.4 million Kindred shares for SEK294m (€25.8m).
