Connect with us

Latest News

GROUPE PARTOUCHE: Turnover 2nd quarter: € 89.1 M – Good upturn in the activity at the end of the quarter

Published

on

Reading Time: 5 minutes

 

Groupe Partouche, one of the European gaming leaders, published today its consolidated turnover for the 2nd quarter of 2022 (February 2022 – April 2022)

As a preamble, let it be reminded that during the 2nd quarter of the previous financial year “2021” (February 2021 to April 2021), all French casinos were closed under the general measures taken by the Government to deal with the Covid-19 pandemic. Abroad, the casino in Ostend (Belgium) also remained closed. The Swiss casinos of Meyrin and Crans-Montana were able to welcome again their customers with no curfew, as from 19th April 2021, but while respecting health constraints. The Djerba casino (Tunisia) remained open but constrained by a curfew starting at 10 p.m. Swiss online games, deployed on 16th November 2020, and Belgian online games and betting were active throughout the quarter.

All casinos are open during the 2nd quarter of the year under review (February 2022 to April 2022), but continue to suffer from the health constraints in place, which affect their attendance:

  • In France, the “vaccination pass”, introduced on 24th January 2022, remained in force until 13th March 2022 included, limiting customers’ access to the casinos;

While attendance is thus down (-19.7%) compared to the 2nd quarter of 2019 (February 2019 to April 2019, last period excluding the Covid crisis), the average basket increased by +20.8% to € 89 on the same period (with a French GGR down -4.0%). It should be noted that the drop in attendance has eased since the lifting of the vaccination pass (-13.7% between 14th March and 30th April 2022 compared to the same period in 2019).

  • In Switzerland, the presentation of the “vaccination pass” has been lifted as from 17th February 2022.

In addition, the 2nd quarter 2022 takes into account the scope effects especially related to:

  • the disposal on 31st January 2022 of the stake held in the Crans-Montana casino (GGR of € 3.3 M in the 2nd quarter of 2019, the casino being closed in Q2 2020 and for most of Q2 2021),
  • the cessation of the online games and betting in Belgium and of the management of the Ostend casino since 29th July 2021 (during the 2nd quarter of 2021, the GGR in Belgium amounted to € 22.8 M and to € 11.5 M in the 2nd quarter of 2020).

Turnover 2nd quarter 2022: 89.1 M

Taking into account the aforementioned items, the Gross Gaming Revenue (GGR) stands at € 148.2 M during the 2nd quarter of 2022 compared to € 25.1 M in 2021. Particularly, the ramping up of the Swiss online games whose GGR amounts to € 3.3 M compared to € 1.1 M in the 2nd quarter of 2021, should be noted. After levies, the Net Gaming Revenue (NGR) triples to € 70.8 M (compared to €22.0 M in N-1).

Overall, revenue for the 2nd quarter 2022 amounts to € 89.1 M, compared to € 23.6 m in 2021 (x3.8) and € 105.3m in 2019, down -15.4 %. Off-gaming activity generates revenue of € 18.7 M compared to € 1.6 M in N-1 (x11.7) and € 22.2 M in 2019, due to the reopening of all of the Group’s activities.

Overall, at a constant scope, the turnover for the 2nd quarter 2022 records a limited decline of -6.2% compared to the comparable period of 2019 pre-Covid.

Turnover 1st half-year 2022: 187.2 M (compared to € 47.2 M in 2021)

At the end of April, the aggregate turnover for 6 months quadruples and amounts to € 187.2 M, with a tripled Net Gaming Revenue amounting to € 153.4 M, in a dynamic climate of business development initiated since the end of the constraints linked to the vaccination pass. Overall, at constant scope, revenue for the 1st half of 2022 is down -8.5% compared to the same period of 2019 pre-Covid.

End of renovation works in Hyères

After a long period of refurbishment, largely disrupted by the Covid-19 pandemic, the Hyères casino reopened in its entirety on Wednesday 15th April. The games room has been completely redesigned and now covers 1,500 m². The outdoor terrace, equipped with slot machines and an electronic roulette, contributes to the comfort of the players. Upstairs, a restaurant with a hundred seats, including private spaces, has been created. A new entrance, distinct from that of the casino, has been specifically created for the adjoining theatre hall.

Responsible gaming

In April 2022, the National Gaming Authority (ANJ – www.anj.fr) validated Groupe Partouche’s 2022 action plan “Prevention of excessive or pathological and underage gambling”, highlighting in particular the ambition and the quality of its content, associated with the innovation of specific devices.

The Group’s prevention policy, as a committed player in the fight against excessive gambling, aims to ensure that gaming remains an entertainment and that our customers today are our customers tomorrow.

This quality support is an integral part of our mission. Each of our employees contributes to its success, through its involvement, through the dedicated training courses developed internally and through the many tools made available.

Sustainability-linked loan

In February, Groupe Partouche signed its very first sustainability-linked loan with Arkéa Banque. The applicable interest rate is adjustable downwards (and upwards within the limit of the initial rate) according to an extra-financial score established by an extra-financial analysis and consulting agency, EthiFinance. The criteria are broken down into three themes: environment, social and governance. Groupe Partouche is firmly rooted in its SER (social & environmental responsibility) approach.

Upcoming events:

Income 1st quarter: Tuesday 28th June 2022, after stock market closing

3rd quarter financial information: Tuesday 13th September 2022, after stock market closing

Groupe Partouche was established in 1973 and has grown to become one of the market leaders in Europe in its business sector. Listed on the stock exchange, it operates casinos, a gaming club, hotels, restaurants, spas and golf courses. The Group operates 42 casinos and employs nearly 3,900 people. It is well known for innovating and testing the games of tomorrow, which allows it to be confident about its future, while aiming to strengthen its leading position and continue to enhance its profitability. Groupe Partouche was floated on the stock exchange in 1995, and is listed on Euronext Paris, Compartment B. ISIN: FR0012612646 – Reuters: PARP.PA – Bloomberg: PARP:FP

ANNEX

1- Consolidated turnover

In €M 2022 2021 Variation 2022/2021 2019
1st quarter 98.1 23.5 x4.2 116.6
2nd quarter 89.1 23.6 x3.8 105.3
Total consolidated turnover 187.2 47.2 x4.0 221.9
Variation constant scope vs 2019 8.5%

2- Construction of consolidated turnover

2.1 – 2nd quarter

In €M 2022 2021 Variation 2022/2021 2019
Gross Gaming Revenue (GGR) 148.2 25.1 x5.9 168.1
Levies -77.4 -3.1 x24.6 -84.3
Net Gaming Revenue (NGR) 70.8 22.0 x3.2 83.8
Turnover excluding NGR 18.7 1.6 x11.4 22.2
Fidelity Programme -0.5 0.0 -0.8
Total consolidated turnover 89.1 23.6 x3.8 105.3

2.2 – Aggregate 6 months

In €M 2022 2021 Variation 2022/2021 2019
Gross Gaming Revenue (GGR) 290.0 50.0 x5.8 329.4
Levies -136.6 -5.8 x23.7 -150.0
Net Gaming Revenue (NGR) 153.4 44.3 x3.5 179.4
Turnover excluding NGR 35.2 2.9 x12.2 44.2
Fidelity Programme -1.4 0.0 -1.6
Total consolidated turnover 187.2 47.2 x4.0 221.9

3- Breakdown of consolidated turnover by activity

3.1 – 2nd quarter

In €M 2022 2021 Variation 2022/2021 2019
Casinos 81.6 12.4 x6.6 96.4
Hotels * 5.1 0.3 x16.4 1.6
Other 2.4 10.9 -78.0% 7.2
Total consolidated turnover 89.1 23.6 x3.8 105.3

3.2 – Aggregate 6 months

In M€ 2022 2021 Variation 2022/2021 2019
Casinos 173.5 24.5 x7.1 205.5
Hotels * 9.0 0.5 x17.4 2.8
Other 4.7 22.2 -78.7% 13.5
Total consolidated turnover 187.2 47.2 x4.0 221.9

* Since 01/10/2021, the revenues of the St Amand, Forges and Divonne hotels have been moved to the Hotels activity from the Casinos activity for the first two and from the Other activity for Divonne.

4– Glossary

The “Gross Gaming Revenue” corresponds to the sum of the various operated games, after deduction of the payment of the winnings to the players. This amount is debited of the “levies” (i.e. State tax, the city halls tax, CSG, CRDS). The «Gross Gaming Revenue» after deduction of the levies, becomes the “Net Gaming Revenue “, a component of the turnover.

Continue Reading
Advertisement

Latest News

DATA.BET Launches Hot Bundles

Published

on

data.bet-launches-hot-bundles
Reading Time: < 1 minute

 

DATA.BET, a trusted sportsbook solution supplier, has launched Hot Bundles – pre-built betting combinations powered by advanced statistical models. Displayed through an intuitive widget, these data-driven selections span multiple events and are designed to boost both express betting activity and operator income.

These combinations provide either separated selections (including Player Props markets) or consolidated ones within single matches through the Bet Builder. Each event set displays a combined odds with a simple one-click interface, streamlining the path from discovery to wager placement.

Hot Bundles addresses a critical opportunity in the betting ecosystem by simplifying the experience, particularly for newcomers. For operators and platform providers, Hot Bundles drive increased revenue through boosted stake volumes and improved engagement. In turn, bettors gain access to data-driven selections that maximize winning potential through optimal combinations. The pre-built nature eliminates the guesswork and complexity typically associated with creating express bets.

“Hot Bundles transforms how users approach express betting by showcasing the most compelling combinations our data identifies,” said Rostyslav Likhtin, Head of Product at DATA.BET. “By powering statistical analysis with intelligent curation, we’re helping partners capitalize on the higher margins while giving players the guidance they seek for more profitable wagers. We have an ambitious roadmap for the technical expansion of Hot Bundles to meet the demands of both our clients and their users.”

Hot Bundles strengthen DATA.BET’s portfolio of experience-enhancing tools that translate user engagement into partner revenue. The feature’s cross-vertical design showcases the company’s holistic approach: creating a product solution that elevates user satisfaction and business performance.

The post DATA.BET Launches Hot Bundles appeared first on European Gaming Industry News.

Continue Reading

Latest News

Turbo Duck takes flight in Stakelogic’s newest release

Published

on

turbo-duck-takes-flight-in-stakelogic’s-newest-release
Reading Time: 2 minutes

 

Feathers fly as a fearless duck dukes it out in a cyberpunk arcade in this exhilarating video slot!

Stakelogic has released its most action-packed slot to date with Turbo Duck, a high-octane title that blends intense gameplay with cinematic visuals and a winged hero who refuses to back down.

Set in a post-apocalyptic retro arcade, Turbo Duck follows Quack-9, a fearless duck mecha-pilot ready for action. As the gameplay unfolds, players join Quack-9 in the fight for control and massive multipliers.

Played across a 5-reel, 4-row grid with 15 fixed paylines, the game introduces a mix of Mystery Wilds, instant-win multipliers and three escalating Bonus Game modes.

Mystery Symbols land on reels 2 and 4, revealing either a Blue Wild, a Red Multiplier Wild up to 10x, or directional arrows that place additional Wilds nearby. During Free Spins, Blue Wilds can also award +2 extra Free Spins.

Landing three Bonus Symbols triggers 10 Free Spins and activates the Bonus Wheel, which determines one of three Free Spin variants: Bonus, Mega or Ultra. Each mode increases win potential through higher multiplier frequency and persistent Mystery Symbols. The most volatile mode, Ultra, removes all low-value multipliers and guarantees one high-value multiplier on every spin.

Multiplier Symbols appear in three tiers: Blue (2x–50x), Green (5x–100x), and Red (5x–500x with MAX WIN potential) and award instant prizes based on the base bet. The Turbo Blast feature, which can trigger on any spin, sees one to three multipliers onto the reels, with at least one guaranteed to be from the highest tier. When Multiplier symbols land on the reels Quack-9 will fire into life, destroying them for reveals that keep you on the edge of your seat.

For players who want to take control, Turbo Duck includes a Buy Bonus option with three entry levels, as well as the option to activate Super Stake™, doubling the chance of triggering Free Spins.

James Jelliffe, Head of Slots at Stakelogic, said: “Turbo Duck is a slot that really plays to our strengths. From the stylised visuals to the cinematic pacing, it’s built to stand out. While the theme adds plenty of character, it’s the underlying math that drives the experience, with a carefully balanced mix of volatility, momentum and feature depth designed to keep players engaged.”

The post Turbo Duck takes flight in Stakelogic’s newest release appeared first on European Gaming Industry News.

Continue Reading

gaming

Experience a unique Gacha adventure in BGaming’s Infinity Pull

Published

on

experience-a-unique-gacha-adventure-in-bgaming’s-infinity-pull
Reading Time: 2 minutes

 

Rapidly expanding content provider takes players on a thrilling anime journey in Infinity Pull

Popular iGaming content provider BGaming invites players to embark on an enchanting anime adventure with the launch of the mesmerising Infinity Pull. Step into a vibrant realm where three captivating goddesses await, each offering unique gameplay and winning opportunities.

Infinity Pull gives players unparalleled control over their gaming experience, enabling them to choose their path from the outset. Players select one of three enchanting waifus: the Blue, Purple, or the Golden. Each waifu represents a different volatility level, with the RTP ranging from 92 to 99%.

Gacha gameplay mechanics were the main inspiration behind Infinity Pull, with the BGaming design team drawing on their love of the genre. The game asks players to wager on cards revealed by the chosen waifu. These cards can award exciting multipliers and instant cash prizes, as well as collectable characters. The game’s unique collection aspect makes it endlessly replayable, with players eager to return and complete their sets. Every 25 duplicate cards collected also reveal an additional chapter of the chosen waifu’s bio, enriching the game’s narrative experience.

Beyond its unique gameplay and mechanics, Infinity Pull also offers flexibility for operators, with the game’s reskinnable design making it perfect for seasonal promotions and themed events.

Alex Baliukonis, Game Design Team Lead at BGaming, said: “We can’t wait to see how players react to what we have achieved with Infinity Pull. What’s great about it is that you don’t need to have ever played a gacha game to enjoy it. It can be picked up and played by anyone.

At BGaming, we are always trying to push the boundaries and try something new. We believe Infinity Pull has the potential to really capture the imagination of players and inspire a whole new take on casual gaming.”

The post Experience a unique Gacha adventure in BGaming’s Infinity Pull appeared first on European Gaming Industry News.

Continue Reading

Trending