EU Commission Confirms FDJ's State Aid Compliance After Investigation
The European Commission's ruling requires Française des Jeux to pay an additional €97 million to align with EU state aid rules.
- Française des Jeux (FDJ) will pay an extra €97 million to the French state following an EU investigation into state aid compliance.
- The European Commission determined that the initial €380 million payment for FDJ's exclusive rights was insufficient under EU rules.
- FDJ's exclusive rights to operate lottery games and sports betting in France were evaluated and found compliant after adjustments.
- The investigation was prompted by complaints that FDJ received unfair state aid due to underpayment for its monopoly rights.
- FDJ's stock rose by 6% following the announcement, reflecting investor confidence in the company's compliance with EU regulations.