Tightening regulations in the UK combined with increased taxes in the Netherlands hit FDJ United's online revenues in Q1. Although the operator group is confident that it can return to growth as active players continued to grow for the period. https://t.co/RLbqWHhepD
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FDJ United Reports €925 Million Revenue in Q1, Up 30% Despite 1% Decline at Comparable Perimeter
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FDJ United reported a first-quarter revenue of €925 million, reflecting a 30% increase attributed to the integration of Kindred. However, revenues faced pressure due to tightening regulations in the UK and increased taxes in the Netherlands, leading to a 1% decline at comparable perimeter. Despite these challenges, the operator group noted a continued growth in active players during the period, suggesting potential for future recovery.
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