TLDR FDJ United will review its online betting and gaming business, which could lead to exits from some markets. The company’s first half 2026 results showed falling revenue and profit due to higher gambling taxes. EBITDA dropped to €404 million and adjusted net profit fell 19% to €180 million. The Netherlands and UK markets face the heaviest tax pressure, though the UK may avoid an exit. FDJ Ventures invested in ProphetX, a US prediction market platform that gained federal approval in 2026.
FDJ United is taking a close look at its online betting and gaming business. The gambling company said it may pull out of some markets and sell parts of the unit.
The decision came alongside the release of FDJ United’s results for the first half of 2026. The numbers showed lower revenue and shrinking profit across the group.
CEO Stéphane Pallez said higher taxes hurt the company’s performance. She said the group felt the impact of tax increases in several markets where it operates.
Gross gaming revenue fell 1.3% compared to the same period last year. Net revenue dropped even further, down 4.5%, because of the higher tax bills.
EBITDA fell from €441 million in the first half of 2025 to €404 million this year. Adjusted net profit dropped 19%, going from €222 million to €180 million.
Pallez also pointed to heat waves in France as a factor. She said the hot weather kept people away from betting shops and points of sale.
UK and Netherlands Under Review
FDJ United’s review will focus on the online business it picked up from Kindred Group. That deal, worth €2.45 billion, closed in late 2024 and brought brands like Unibet and 32Red into the company.
Two years later, FDJ is looking closely at whether those operations still make