Home > Finance > FDJ revenue ticks up across the board in Q1

FDJ revenue ticks up across the board in Q1

| By Marese O'Hagan
French national lottery operator Française des Jeux (FDJ) reported revenue of €662m (£583.9m/$726.5m) for the first quarter of 2023, ended 31 March.
ANJ France

This was up by 8% compared to FDJ‘s performance in Q1 2021.

On a pro forma basis for 2022 – which included revenue from FDJ’s point of sales segment Aleda and payment service L’Addition – the revenue was up by 5.3% comparably.

Lottery revenue for the quarter was 6.4% higher than in Q1 2022, at €497m, while sports betting revenue grew slightly by 0.2%, remaining fairly level at €129m.

A total of €5.49bn was wagered with the operator during the quarter, a rise of 8.6%. Digital stakes made up €698m of the total.

From points of sale, revenue hit €4.79bn, a rise of 6.9%.

“The first quarter of 2023 was marked by the continued good financial and extra-financial performance of the FDJ group,” said Stéphane Pallez, chair and CEO of FDJ. “Our turnover is up by more than 5%, driven both by our network of 30,000 points of sale and by the good momentum of our digital activity.”

Earlier this week, FDJ appointed Guillaume Wanneroy as the managing director of its audiovisual subsidiary ImSoprod.

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