Industry News

Holland Casino Revenue up 11% in 2019

Published

5 years ago

April 16, 2020

Niji Narayan

Reading Time: < 1 minute

Holland Casino, the Netherlands’ state-owned land-based casino monopoly, has reported gross revenue of just under €729m in 2019, an 11% improvement over 2018’s result. Net income rose 11% to €526.5m while after-tax profits rose 13.6% to €67.6m.

Last year’s gaming revenue gains featured slot machine revenue rising 12.8% year-on-year to €383.5m and table games rising 8.7% to €289m. Holland Casino enjoyed 6.2m visits from 1.2m individual customers in 2019, while the average spend per customer per visit rose 2.5% to €117.

Like most Dutch retail operations, all Holland Casino locations have been closed since mid-March in a countrywide effort to minimise further spread of the COVID-19 coronavirus. The current shutdown timeline extends for another two weeks, and CEO Erwin van Lambaart admits that “it is still unclear what will happen after April 28 and what the final impact will be for us. In any case, we are hit hard.”

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.