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FDJ United (LFDJF) Q3 2025 Sales Call Transcript

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FDJ United (LFDJF) Q3 2025 Sales Call Transcript

FDJ United (OTCPK:LFDJF) reported a prolonged decrease in its online betting and gaming revenue for the first nine months of 2025, attributed to underperformance in certain markets and the impact of higher gaming taxation, particularly in France since July 1. In response to these challenges, the company is deepening its 2025 transformation and performance plan to pursue its operational strategy and meet growth objectives.

Analysis

FDJ United (OTCPK:LFDJF) reported a prolonged decrease in its online betting and gaming revenue for the first nine months of 2025. This underperformance is primarily attributed to challenges in specific online markets and the significant impact of higher gaming taxation, notably implemented in France since July 1. The revenue decline reflects a direct hit to the company's core online operations. In response to these headwinds, FDJ is deepening its 2025 transformation and performance plan. This strategic initiative aims to realign operational implementation with the company's stated growth objectives. The company's fine-tuned full-year outlook will provide further clarity on the expected financial trajectory. The moderately negative sentiment and cautious tone surrounding this announcement underscore investor concerns regarding regulatory pressures and market specific challenges. The higher taxation in France highlights an evolving regulatory landscape that directly impacts gaming operators' profitability. This situation suggests potential industry-wide implications for other companies operating in similar regulated markets.

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