FDJ United reports €925m Q1 revenue, down 1% like for like
FDJ United reported €925m in revenue for the three months to 31 March 2025, up 30% overall but down 1% on a comparable basis after its Kindred acquisition. The company attributed the like-for-like decline to higher Dutch taxes and regulatory burdens, alongside UK responsible gambling reforms; online revenue fell 10% to €231m.
Higher Dutch taxes, regulatory burdens and UK reforms weighed on comparable and online revenue.