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Groupe Partouche Q3 revenue flat as “gloomy” French summer impacts casinos

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2024-09-12

Groupe Partouche Q3 revenue flat as “gloomy” French summer impacts casinos

The French casino operator reported a flat 0.4% year-on-year increase in gross gaming revenue in Q3 as casino attendance was impacted by poor weather.

For the three months to 31 July, revenue hit €179.5m ($198.3m). This is marginally higher than Q3 2023 and 3.3% ahead of €173.7m posted by Groupe Partouche in Q2 this year.

Analysing the Q3 results, the operator said poor weather and the impact of elections led to a 0.6% drop in attendance numbers at its venues.

As such, retail gaming revenue in France slipped 0.5% year-on-year to €160.7m, with table games dropping 6.5%. There was, however, better news for electronic games, with revenue up 1.5%, while slot machine revenue remains stable.

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