Business
FDJ UNITED: Q3 2025 Revenue Down 3%1 and Virtually Stable at Constant Gaming Taxes
BOULOGNE-BILLANCOURT, France, October 15, 2025--Regulatory News: FDJ UNITED (Paris:FDJ), a European leader in betting and gaming, has reported its revenue to end-September 2025.

About this update from Fdj United
[{"type":"text","content":"FY 2025 targets tunedConfirmation of a recurring EBITDA margin above 24%","length":73,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Third quarter of 2025: Revenue of €864m, up 29% compared with Q3 2024 (reported)1, down 3% on a restated basis1 and -1% at constant gaming taxesOn a restated basis:","length":166,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Excluding the €21m impact of increased taxes on betting and gaming, including €18m in France, revenue would have been virtually stable","length":134,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The French Lottery and Retail Sports Betting business unit (BU)2 maintained its solid momentum, with revenue up 2% to €595m","length":123,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Online Betting & Gaming BU3 posted €209m in revenue, down 16%. This reflected the impact of taxes and regulations in 2025, particularly in France, the Netherlands and the United Kingdom; a high basis of comparison against 2024, which had been boosted by the Euro football tournament; and sports betting results that were highly unfavourable to the operator","length":364,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":621,"olType":false}]},{"val":[{"type":"text","content":"First nine months of 2025: Revenue of €2,730m, up 30% compared with the first nine months of 2024 (reported) and down 2% on a restated basisOn a restated basis:","length":162,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"The French Lottery and Retail Sports Betting BU recorded revenue of €1,884m, up 3%","length":82,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Online Betting & Gaming BU posted €675m in revenue, down 13%, and rolled out its proprietary platforms","length":110,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Excluding the Netherlands and the United Kingdom, revenue was up 3%, driven by the solid performance in other markets, particularly France","length":138,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"During the summer, Unibet migrated to the KSP sports betting platform in Romania and in the United Kingdom, a market where all migrations are now complete","le...