Industry News
Holland Casino’s Gross Income Down 54% in 2020

Holland Casino has reported a gross income of €333m for the full year 2020, a 54% decrease from the prior-year period.
The operator reported a loss before corporate tax of €80.7m, a 190% decline from 2019. Visitor numbers meanwhile were down 60% year-on-year to 2.5 million, largely due to government restrictions amid the ongoing Covid-19 pandemic, with the firm’s 14 branches closed for the majority of 2020.
Throughout the year, the venues were completely closed for 143 days, open with restrictions for 151 days, and open without restrictions for 71 days. Average spend per visit did, however, increase by 14% year-on-year to €133.
“Despite the constantly changing circumstances and major challenges that this crisis year caused, I firmly believe that we will get through it well,” Erwin van Lambaart, CEO of Holland Casino, said.
“This is due to the resilience of our people, general government support measures, focus on cost control and a clear strategic investment vision for the future. Together, this has meant that we were always able to anticipate the consequences of this crisis.”
Looking to the future, the operator commented: “Holland Casino is a cyclical company and will therefore suffer from the expected economic recession. Nevertheless, the company is optimistic about the future. The restructuring means that everyone is in the right place, the organization is more efficient and agile, and there is a future-proof new structure that guarantees continuity.”
-
Asia6 days ago
Jetapult Strengthens AI Expertise: Onboards Industry Leaders, Oz Silahtar and Dr. Arjun Jain
-
Latest News7 days ago
ULTIM8 SPORTSBOOK IFRAME: Ultimate Solution for Operators Who Have Seen It All
-
Africa5 days ago
Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited
-
Latest News5 days ago
Kambi unveils agenda for the Festival of Sportsbook 2025
-
Latest News6 days ago
Safe Online Casinos Canada 2025 – List of Secure & Trustworthy Sites
-
Conferences in Europe5 days ago
Altenar Steps in as General Sponsor of EEGS 2025
-
Asia6 days ago
Riot Games announces Legends Ascend South Asia
-
Asia6 days ago
NOVOMATIC: Showcasing cutting-edge gaming innovations for the Asian market at G2E Asia 2025