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France’s FDJ sees 2018 net income decline despite revenue growth

17th April 2019 9:17 am GMT
FDJ

French state-owned lottery and sports betting operator FDJ has posted a 6 per cent decline in net income for 2018 after implementing a new retailer commission scheme.

As previously reported, the company enjoyed a strong 2018 performance as player stakes increased by 4 per cent to €15.8bn, generating gross gaming revenue of €5.1bn. This was up 2 per cent year-on-year and equivalent to nearly 50 per cent of the overall French gambling market.

FDJ’s contribution to public [...]

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