A strong performance by Groupe Partouche’s Swiss operations in Q3 steadied the “gloomy” atmosphere in France that it said affected its performance there.
The casino operator group said the “generally gloomy” and “wait-and-see” situation at the start of the summer in France, when French president Emmanuel Macron called a snap election, had a role to play in casino visitations falling 0.6 per cent year-on-year.
Gross gaming revenue for its land-based stable in France fell 0.5 per cent to €160.7m, driven by a “marked decline” in table games revenue – down 6.8 per cent.
Electronic games revenue climbed 1.5 per cent and slot machine revenue was stable, declining by 0.1 per cent.
However, revenue for Groupe Partouche’s Swiss igaming operations rose by 30.1 per cent to €5.5m. In the land-based sector in Switzerland, table games revenue climbed 33.9 per cent to €3.8m.
Overall turnover for the company therefore climbed 1.6 per cent to €106.8m, with combined gross gaming revenue rising by 0.4 per cent to €179.5m.
Aggregate turnover at the end of July was up 2.1 per cent to €327.3m.
Net gaming revenue increased 0.2 per cent to €79.3m excluding levies.
Non-gaming activity generated a turnover of €28.2m, rising by 5.5 per cent, with hotel activity generating increased turnover of 7.8 per cent to €9.5m due to the integration of the Pavillon La Rotonde in Lyon, France.
