{"id":7845,"date":"2024-09-11T10:43:26","date_gmt":"2024-09-11T10:43:26","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/09\/11\/groupe-partouche-q3-revenue-steady-despite-decline-in-french-casino-performance\/"},"modified":"2024-09-11T10:43:26","modified_gmt":"2024-09-11T10:43:26","slug":"groupe-partouche-q3-revenue-steady-despite-decline-in-french-casino-performance","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/09\/11\/groupe-partouche-q3-revenue-steady-despite-decline-in-french-casino-performance\/","title":{"rendered":"Groupe Partouche Q3 Revenue Steady Despite Decline in French Casino Performance"},"content":{"rendered":"
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Groupe Partouche reported sales of \u20ac179.5 million for the three months ending July 31, which is 3.3% more than the \u20ac173.7 million recorded in Q2 and marginally over Q3 2023<\/a> levels. The operator witnessed some growth even though bad weather and the French elections affected attendance at its sites.<\/p>\n

Retail gaming income in France was \u20ac160.7m, a minor decrease of 0.5% from the previous year. Electronic games witnessed an improvement with a 1.5% revenue increase, but table games suffered a huge 6.5% loss. Earnings from slot machines stayed constant. The corporation explained that low customer turnout during election season and unfavorable weather contributed to the attendance reduction.<\/p>\n

International Revenue Shines<\/h2>\n

Outside France, Groupe Partouche experienced stronger growth. International revenue surged by 9.4% to \u20ac18.8m, fueled by a remarkable 30.1% increase in Swiss online gaming revenue, totaling \u20ac5.5m. Table games outside Switzerland also performed well, with revenue up 33.9% to \u20ac3.8m. However, slot machines outside France saw a decline, with revenue dropping 6.3% to \u20ac9.5m.<\/p>\n

During Q3, Groupe Partouche paid \u20ac100.1m in levies, resulting in net gaming revenue of \u20ac79.3m, up 0.2% from last year. Consolidated turnover reached \u20ac106.8m, a 1.6% increase. Of this, \u20ac93.3m came from gambling activities, which rose by 1.0%. The company\u2019s hotel division generated \u20ac9.5m, a 7.8% increase, while other operations contributed \u20ac3.9m, up 0.9%.<\/p>\n

For the first nine months of the year, Groupe Partouche\u2019s gross gaming revenue hit \u20ac526.4m, a 1.3% rise compared to 2023. Levies totaled \u20ac267.4m, resulting in net gaming revenue of \u20ac259.0m, a 1.5% increase. Consolidated turnover for the year-to-date reached \u20ac327.3m, up 2.1%, with \u20ac297.1m generated by casinos. Hotel revenue grew by 12.7%, while other operations contributed \u20ac8.1m, though down by 8.1%.<\/p>\n

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