Groupe Partouche revenue climbs with two new land-based casinos
The French casino operator has added two new casinos to its portfolio.
France. Groupe Partouche has reported a 5.3 per cent year-over-year rise in gross gaming revenue for its third fiscal quarter, thanks in part to the addition of two new venues to its land-based casino portfolio. Total revenue for the quarter reached €189m.
In France, the group’s core market, revenue was €169.1m, also up 5.3 per cent. Growth was fueled by a 5.8 per cent uptick in visitor numbers and by the acquisition of Casino Partouche Cannes 50 Croisette, formerly Casino Les Princes, in March.
Slot machine revenue rose 2.6 per cent to €130.4m, electronic table games revenue by 11.8 per cent to €22.6m and traditional table games 20.8 per cent to €16.6m.
Outside of France, revenue rose 5.6 per cent to €19.9m. Key drivers included a 19 per cent increase in Swiss online gaming revenue to €6.6m and a 63 per cent jump in land-based slot machine revenue to €10.1m. The company also benefited from the launch of Casino Partouche Cotonou in Benin, West Africa, in January.
Net gaming revenue was €83.7m, a 5.6 per cent increase. Turnover from non-gaming activities rose 11.8 per cent to €31.5m.
For the nine months up to the end of Q3, Groupe Partouche generated €550.5m in revenue, a 4.6 per cent increase over the same period last year. Net gaming revenue reached €269.1m (+3.9 per cent) and consolidated turnover climbed to €347.8m (+6.2 per cent).
