After a big sales turnaround in the first quarter, Groupe Partouche will repay its loan early.

Partouche

After rebounding with 469.5 percent gross gaming revenue increase in the first quarter of its 2021-22 financial year, which concluded on January 31, Groupe Partouche will repay its state-backed emergency Covid-19 loan early.

Year-over-year comparisons were challenging due to the dearth of casino activity in these markets over the comparable period, according to the company. Even among the casinos that did welcome clients, the Casino Crans-Montana in Switzerland only remained open for 13 days, and the Djerba Casino in Tunisia was subject to a curfew.

As a result, during Q1 2021-22, only online gambling in Switzerland and Belgium offered a stable revenue source. Despite the lack of availability, Swiss internet income increased from €600,000 in Q1 of last year to €3.2 million this year.

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Nassima Azmzm

Nassima Azmzm

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