{"id":102,"date":"2024-06-28T19:43:42","date_gmt":"2024-06-28T16:43:42","guid":{"rendered":"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/"},"modified":"2024-06-28T19:43:42","modified_gmt":"2024-06-28T16:43:42","slug":"fdj-reports-e1-08-billion-net-income-in-first-half-of-2021","status":"publish","type":"post","link":"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/","title":{"rendered":"FDJ Reports \u20ac1.08 Billion Net Income in First Half of 2021"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Ta6tzNl4n4M\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A French gaming enterprise, FDJ, produced \u20ac1.08 billion ($1.3 billion) in net income during the initial six months of 2021. This occurred despite the European Commission&#8217;s announcement of an inquiry into its monopolistic position earlier in the week.<\/p>\n<p>FDJ&#8217;s net income in the first half of 2021 rose by 29.5% compared to the same period in 2020. In 2020, revenue was \u20ac849 million due to the influence of COVID-19 pandemic restrictions.<\/p>\n<p>The lottery operator attributed the accelerated increase in its second-quarter income to the European Football Championship and the reopening of pubs.<\/p>\n<p>Total wagers reached \u20ac9.15 billion. Of this, lottery wagers accounted for \u20ac6.87 billion, a year-on-year increase of 18.9%. \u20ac4.28 billion of the lottery wagers came from instant-win lottery games, such as scratch cards, while the remaining \u20ac2.59 billion came from draw-based games.<\/p>\n<p>Sports betting wagers also grew significantly, increasing from \u20ac1.1 billion in the first half of 2020 to \u20ac2.26 billion, a growth of 109.0%. \u20ac2.69 billion of these total wagers came from online or digital points of sale.<\/p>\n<p>Of the \u20ac9.15 billion in total wagers, \u20ac6.29 billion was paid out to players as winnings. This resulted in gross gaming income of \u20ac2.86 billion. FDJ&#8217;s contribution to public finances accounted for 31.3% of gross gaming income, ultimately resulting in net gaming income of \u20ac1.08 billion.<\/p>\n<p>The operator&#8217;s total income was impacted by expenses. <\/p>\n<p>The price of goods sold made up the biggest part of spending, reaching \u20ac591 million, a 34.0% increase from the previous year. Marketing and advertising costs were \u20ac195 million, a 32.6% increase. Other administrative costs were \u20ac98 million.<\/p>\n<p>In general, first-half earnings before interest, taxes, depreciation, and amortization (EBITDA) were \u20ac261 million, a 50% increase compared to the first half of 2020.<\/p>\n<p>Depreciation costs dropped by \u20ac63 million, bringing total net operating income to \u20ac198 million, a 59.6% increase from the previous year.<\/p>\n<p>&#8220;The second quarter shows that our business operations have returned to pre-crisis levels,&#8221; said St\u00e9phane Pallez, CEO of FDJ.<\/p>\n<p>&#8220;If there are no new restrictions related to the health situation, the Group expects to keep a good pace in the second half of the year and is confident in its business and performance prospects, while remaining committed to its responsible gambling model.&#8221;<\/p>\n<p>This week, the European Commission declared an investigation into FDJ to determine if the \u20ac380 million FDJ paid to keep its exclusive retail and lottery gambling operator status in the country after its privatization broke EU law.<\/p>\n<p>Sign up for the iGaming News newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A French gaming enterprise, FDJ, produced \u20ac1.08 billion ($1.3 billion) in net income during the initial six months of 2021. This occurred despite the European Commission&#8217;s announcement of an inquiry into its monopolistic position earlier in the week. FDJ&#8217;s net income in the first half of 2021 rose by 29.5% compared to the same period [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FDJ Profits Soar Despite EU Inquiry<\/title>\n<meta name=\"description\" content=\"French gaming giant FDJ sees record profits in H1 2021, exceeding \u20ac1 billion despite EU antitrust investigation.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"FDJ Reports \u20ac1.08 Billion Net Income in First Half of 2021\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"French gaming giant FDJ sees record profits in H1 2021, exceeding \u20ac1 billion despite EU antitrust investigation.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Best of Online Casino Action | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T16:43:42+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/\",\"url\":\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/\",\"name\":\"FDJ Profits Soar Despite EU Inquiry\",\"isPartOf\":{\"@id\":\"https:\/\/miraxcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-28T16:43:42+00:00\",\"dateModified\":\"2024-06-28T16:43:42+00:00\",\"author\":{\"@id\":\"https:\/\/miraxcasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"French gaming giant FDJ sees record profits in H1 2021, exceeding \u20ac1 billion despite EU antitrust investigation.\",\"breadcrumb\":{\"@id\":\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/miraxcasinonodepositbonus.icu\/2024\/06\/28\/fdj-reports-e1-08-billion-net-income-in-first-half-of-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430\",\"item\":\"https:\/\/miraxcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FDJ Reports \u20ac1.08 Billion Net Income in First Half of 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/miraxcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/miraxcasinonodepositbonus.icu\/\",\"name\":\"Experience the Best of Online Casino Action | Licensed &amp; Trusted\",\"description\":\"Experience the excitement of licensed online gambling with our regularly updated news, in-depth reviews, and expert articles. 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