Holland Casino records €58.8m loss in 2020

Holland Casino records €58.8m loss in 2020

Article brief provided by iGaming Business
  • Conor Mulheir, iGaming Business
April 21, 2021 2:15 AM
  • Conor Mulheir, iGaming Business

Holland Casino has released its annual report for 2020, revealing that revenue for the operator was down 53.8% compared to 2019, at €333.0m.

Story continues below

After opening its 14 venues for just 71 days in the year without any restrictions related to the novel coronavirus (Covid-19) pandemic, visitor numbers were down 60.0% year-on-year to 2.5 million.

The average spend per visit increased by 13.7% however, from €117 in 2019 to €133, which Holland Casino said was due to a “different visitor mix”.

The majority of the operator’s €333.0m in revenue came from slot machines, at €185.9m, while table games brought in €124.7m, tips brought in €10.7m, food and beverage €10.3m, and other benefits amounted to €1.4m.