Online launch not enough to stop Holland Casino revenue decline in 2021

Online launch not enough to stop Holland Casino revenue decline in 2021

Article brief provided by iGaming Business
  • Daniel O'Boyle, iGaming Business
April 20, 2022 9:52 PM
  • Daniel O'Boyle, iGaming Business

Holland Casino’s revenue dipped to €304.2m in 2021, as the launch of online gaming was not enough to offset the continued impact of the Covid-19 pandemic.

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Revenue was down 8.7% from 2020. This, the business said, was due to the fact that not only were its casinos closed for 168 days due to Covid-19 in 2021, but they also faced restrictions for the entire period in which they were open. In contrast, Holland Casino noted that its venues had been particularly successful in the first two months of 2020, before any restrictions were in place.

Slot machines made up almost exactly half of this revenue, at €152.4m, down 18.0%.