FDJ Group

History

FDJ UNITED traces its roots to the French National Lottery established in 1933 to support World War I veterans. The modern company was created in 1976 with the launch of the Loto game, and it adopted the name La Française des Jeux in 1991. In 2004, it co-founded the pan-European EuroMillions lottery with other state lotteries. Partial privatisation came in 2019 via an IPO, with the French government retaining a 20% stake. Since then, the group has pursued aggressive international expansion, acquiring horse-race betting brand ZEturf, sports betting brand ZEbet, and the operator of the Irish lottery, Premier Lotteries Ireland (now FDJ Ireland). In 2024, it rebranded as FDJ UNITED.

Business Model and Revenue

FDJ UNITED operates through three main segments: Lottery & Instant Games (Loto, EuroMillions, Amigo, scratch-offs), Sports Betting (Parions Sport, ZEbet), and Online Gaming & Services (Illico, FDJ Gaming Solutions B2B platform). The B2C operations generate the bulk of revenue, while the B2B subsidiary provides technology, innovation, and services to other lotteries and operators. Online sales accounted for over 30% of total revenue in 2025. The company is solidly capitalised with net financial debt of €1.72 billion at end-2025 and a dividend policy that returned €2.05 per share for 2024.

Products and Brands

Key lottery offerings include Loto, Euromillions, and Amigo. Sports betting is anchored by Parions Sport and ZEbet. Illico offers online casino-style games. The group also operates ZEturf for horse-race betting. FDJ Gaming Solutions provides a proprietary interactive platform, retail modernisation suite, and sports betting solutions to third-party clients. The FDJ United Affiliates programme supports partner websites through multi-brand marketing.

Market Position and Regulation

FDJ UNITED is one of Europe’s largest betting and gaming operators, with a strong home base in France and growing international presence. It is listed on Euronext Paris and is a component of the CAC Mid 60 index. The company operates strictly in regulated markets and maintains a robust responsible gaming policy with self-exclusion tools, deposit limits, and a foundation promoting equal opportunities.

Leadership and Governance

Chairwoman and CEO Stéphane Pallez leads the board. Deputy CEO Charles Lantieri also chairs the FDJ Foundation. In February 2026, Pascal Chaffard was named Chief Online Betting and Gaming Officer. Dan Lévy is set to become CFO from 18 May 2026. No current CTO, COO, or CCO were identified in public sources. The executive committee oversees finance, strategy, online betting and gaming, and corporate foundations.