FDJ United shake up leadership positions as EU earnings fall
FDJ UNITED has reshuffled its executive leadership, appointing Pascal Chaffard to a newly expanded role overseeing online betting and gaming, alongside group strategy and operational transformation.
Chaffard, previously Chief Financial Officer and head of strategy and performance, will now lead the company’s Online Betting and Gaming business unit while also taking responsibility for broader strategic direction and transformation initiatives.
Nils Andén, who served as Chief Online Betting and Gaming Officer and played a key role in integrating Kindred into the group following the October 2024 acquisition, is departing the company to pursue new projects.
FDJ UNITED said a successor for the CFO position will be announced once the ongoing recruitment process is complete.
Separately, Celia Verot, who joined the group in 2024 as Chief Regulatory Officer, was appointed General Secretary, General Counsel and Chief Regulatory Officer effective January 1.
Profits fall amidst regulatory hurdles, company changes
FDJ United reported that while gross gaming revenue grew slightly in 2025, overall turnover dipped as new gaming tax increases and tighter regulations weighed on results, though recurring EBITDA remained in line with targets and a multi-year transformation plan progressed ahead of schedule.
The group expects modest revenue growth in 2026 and continued organisational changes in its online betting and gaming business to strengthen its operational efficiency amid ongoing adverse market conditions.
“In 2025, FDJ UNITED demonstrated the strength of its model and continued its transformation, in an environment affected by tax increases and tighter regulations on gaming,” FDJ UNITED Chairwoman and Chief Executive Officer Stéphane Pallez said.
“With a strengthened performance plan and a new organization of its online betting and gaming business unit, the Group will continue to improve its operational efficiency to return to its profitable and sustainable growth path by 2026.”
FDJ United is one of France and Europe’s biggest gambling companies, with their most notable product being the national lottery, although casino sites like Unibet, FDJ, Parions Sport and EuroMillions are all under their guidance.
