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FDJ plans to offset French gambling tax increase by 2027

Business

La Française des Jeux said on 14 February that it aims to offset the effect of France’s gambling tax increases by 2027. The company estimated the changes would reduce revenue and EBITDA by about €45m in 2025, with an annual impact of €90m in later years. FDJ said it would present its full 2024 results and outlook on 6 March; the preliminary figures remain subject to audit.

FDJ aims to offset higher French gambling levies, which it expects to reduce revenue and EBITDA.

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Kindred reports high-risk players generated 2.7% of Q4 2024 revenue

Kindred Group reported that high-risk players accounted for 2.7% of gross winnings revenue in Q4 2024, down from 3.2% in the previous quarter. The company also said 92.2% of identified high-risk customers showed positive behavioural changes after interventions, compared with 87.3% in Q3. Kindred attributed the revenue decline to regulatory measures, internal processes and its exit from non-locally regulated markets.

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