ZEturf Group is a French online betting operator founded in 2001, running the ZEturf horse race betting brand alongside the ZEbet sportsbook, which launched in 2014. It is the second largest operator in the French online horse race betting market behind PMU. FDJ acquired the group for an enterprise value of 175 million euros, completing the transaction in 2023 after the French Competition Authority cleared it in September that year. The deal took FDJ past a 10% share of the French online gaming market across sports betting, horse race betting and poker, and made it the fourth largest operator in that market.
The Dutch regulator says 711 required customers paying by methods other than an ordinary bank account to stake deposited money at least once before cashing it out, and called the practice highly undesirable. There is no fine, and no figure for how many players were affected; it is the third public round of this kind since the KSA warned operators in March 2024.
FDJ United has shifted its online betting and gaming strategy from acquisitions to technology transformation, with CEO Stéphane Pallez outlining accelerated internal platform migration, stack consolidation, and stricter focus on platform control as tax and regulatory pressure intensifies across Europe.