The FDJ concentrates half of the turnover of gambling in France. Villalon/Richard Villalon – stock.adobe.com
DECRYPTION – Despite inflation and fears about purchasing power, FDJ is growing, while its rivals are suffering.
La Française des jeux (FDJ) thwarts tensions on purchasing power. The national lottery operator recorded record results last year, once again increasing the number of its players. Not content to take advantage of the return to normal after the Covid in its network of 30,000 partner outlets after the pandemic, it gained market share on the internet. “Inflation has had no impact on our business so far, rejoices Stéphane Pallez, CEO of FDJ. We have a lot of customers who play low stakes.” In mid-November, she noted that there was “no arbitration against us”. A paradox, because the popular clientele of draw and scratch games, affected by the rise in food prices, multiplies arbitrations in their current expenses.
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FDJ is also a special case in the sector, protected by its monopoly on lottery games and point-of-sale sports betting. It accounts for half of the turnover…
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