Holland Casino Has Made a Profit in the First Half of the Year, After a Loss of Millions Last Year. The Positive Figures are Mainly Due to Savings on Expenses. For Example, The Casino Company Cut 74 Full-time Jobs at Its Headquarters.
The profit in the first six months of the year amounted to 14.2 Million Euros. In the same period last year, there was a loss or 3.5 million euros. In Addition to Cost Savings, Holland Casino also raised one-off funds from the sale of land from a former casino in Groningen and the branch in Zandvoort, The Oldest Location in the Chain.
Turnover Fell Slightly to 391 Million Euros. In particular, The Physical Branches Attracted More Players. Online, The Number of Visitors Decreased.
CFO Ruud Bergervoet is Concerned Despite the Improved Result. The Gambling Tax Will Increase to 37.8 Percent Next Year, which Says Will Put Pressure On The Results.
If that rate, Already Applied, Holland Casino would have suffered a loss without one-off windfalls. “That shows how vulnerable we are, despite all the efforts so far,” Says Bergervoet.
This year, The Gambling Tax also Increased. That cost the casino chain 13.5 Million euros in the first half of the year. Holland Casino PreviOutly PAUSED THE REPAYMENT OF ITS CORONA Debt to the Tax Authorities for Six Months to Gain More Financial Space. The company also extended the repayment term of that debt by two years.