There’s a riot goin’ on

1 min read

The terror: Street unrest affected around 100 FDJ United outlets in France, but CFO Dan Lévy said the disruption had no material business impact. But it couldn’t be worse-timed as retail traffic fell roughly 10% in both Q2 and Q3, scarce EuroMillions jackpots hurt lottery sales and punter-friendly results squeezed sports-betting margins. French online betting remains a brighter spot, with Lévy even going to the length of dismissing bet365’s initial competitive impact.

 

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