FDJ revenue up 6,5% in 2023

Gaming operator La Française des Jeux (FDJ), which has a monopoly on lotteries and sports betting in France, reached €2.62 billion in revenue in fiscal 2023. This follows from the company's report published recently. This follows from the company's report published the other day.

According to the contents of the document, the revenue increased by 6.5% compared to 2022.

 FDJ's lotteries revenue amounted to €1.93 billion, up 1.1% from a year earlier. Sports betting and online poker revenue rose 10.9% to €518 million.

EBITDA, which equals earnings before interest, taxes, depreciation and amortization, rose 11.3% to €657 million, with a margin of 25.1%.

Group net profit for the year amounted to €425 million, an increase of 38% compared to 2022,