Groupe Partouche saw revenues beat pre-pandemic levels during Q3, however higher tax levies in France hurt its recovery.
The gaming group, which operates 41 casinos and employs nearly 3,900 people, said gross gaming revenue (GGR) during the three months to 31 July was up 10.8% year-on-year to €167.9m [$167.6m]. This figure was also up slightly on Q3 2019, the most recent year before the pandemic.
However, a 75.3% increase in levies to €92.8m, mainly due to changes to how tax is calculated in France, meant the group’s net gaming revenue figure was down 23.8% to €75.0m.
Total consolidated turnover was at €100.9m, which was down 11.6% compared to Q3 2021 and down slightly on the €104.9m recorded in Q3 2109.
