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FDJ United integrates Kindred to strengthen European gaming position

Deals & M&A

FDJ United said it completed its acquisition of Kindred in October 2024, adding the Unibet owner to its European gambling group. On a pro forma basis, the group reported 2024 net gaming revenue of €3.6bn and adjusted EBITDA of €964m, with a 25.4% margin; net debt rose to €1.724bn after the integration and a €1.5bn bond issue.

Investors can assess FDJ United’s expanded European scale alongside higher net debt following the Kindred integration and bond issue.

End-of-day close FDJ United (FDJU), EUR, to 20 February 2026
Story date24 November 202520 February 2026

Latest reported results

FDJ United Euronext Paris: FDJU

Quarter ended 30 September 2026

Revenue
EUR 794.0m

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Enforcement & compliance

Lotteritilsynet leaves NOK 21m Trannel fine unpaid status unresolved

Norway’s Lotteritilsynet imposed a daily administrative fine of NOK 1.198 million on Trannel International over its Storspiller gambling operation in September 2022; the accumulated amount reached about NOK 21 million. The authority later closed its supervisory case after the activity targeting Norway ceased, but the article raises whether the fine was paid; it does not establish that it was.

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