FDJ United shareholders approve 2025 remuneration policy for directors

FDJ saw revenue rise in Q1.

France.- FDJ United shareholders have approved the remuneration policy for corporate directors for the 2025 financial year by a majority of 93.66 per cent. Its chair and CEO will receive fixed annual remuneration of €384,000 and its deputy chief executive officer €297,600.

Variable remuneration will be performance-based and could reach up to 130 per cent of fixed pay. FDJ United said the financial criteria aims to reflect its targets in respect of growth and operational and financial performance. The company maintained the award of performance shares for executive directors and a number of executives and managers limited to 0.6 per cent of share capital over 38 months, with up to 15 per cent allocated for executive directors.

FDJ United sees revenue rise in Q1

For the first quarter of the year, FDJ United reported gross gaming revenue (GGR) of €925m, a rise of 30 per cent year-on-year. However, online gambling revenue from newly acquired Kindred declined by 10 per cent to €231m.

The drop in revenue from the online gambling business came despite a 10 per cent increase in the number of active players. FDJ ascribed the fall to the triple whammy of a rise in gambling tax in the Netherlands as well as new deposit limits in the Netherlands and new stake limits in Britain.