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Casinos and games, who goes up and who goes down in October 2019

19 November 2019 - 17:06

Written by Editorial Board

Positive sign only for Sanremo in the past month, but in the first ten months also St. Vincent is good and only Venice decreases.

  If the reopening of the Casino di Campione is still far away, the three casinos active in Italy end October with very mixed results: Sanremo is having a net growth, slightly decrease in Saint Vincent and with a quite marked decline in revenue in Venice. As usual, the Gioconews.it analysis starts from the one with the best trend and therefore deserves the first place last month. SANREMO - The new board of directors just settled seems to be doing well at the Sanremo gambling house, which is waiting for the final decisions on the appointment, or not, of a general manager. Meanwhile, collection stops at €3,049,930, or 10.17 percent more than in the same month of 2018, which has not had a positive trend, ending at minus 8.78 percent compared to 2017. Going back to the past month, slots are good, growing by 5.98 percent (€2.617.329), and also several tables: roulette (€213.247, 490.47 percent more), poker cash (€56.834, plus 14.28 percent) and tournament poker (€24.221, 5.43 percent more), as well as blackjack (€61.197, 41.94 percent more). On the contrary, fairoulette decreases, collecting €89.234, 5.36 percent less, and punto banco too, which even records a loss of €14.234, 127.18 percent less. Finally, we must report the good performance of entrances: they were 13,209 in October, 9.66 percent more. The good October result brings the total collection in the first ten months of the year to €37,797,515, which is 5.64 percent more. In the twelve months not coinciding with the calendar year, the collection rises to €44,888,563 and once again we have a strongly positive sign: a promising 4.90 percent more. SAINT VINCENT - The Saint Vincent Resort & Casino ends the last month with a collection of €4,622,272, 2.13 percent less than in 2018 (minus €100,605, bearing in mind that last October it was increasing of 3.06 percent compared to the previous year) and with entrances of 25.996, increasing in the same month in 2018 (plus 2.69 percent). Analyzing the data in detail, tables end the month as a whole with a negative result of 15.01 percent (minus €291.906). Among the games, fairoulette (minus 49.43 percent), chemin de fer (minus 27.89 percent), Saint Vincent poker (minus 57.61 percent), American roulette (minus 42.93 percent ), black jack (minus 4.57 percent), craps (minus 38.67 percent) and punto banco (minus 15.54 percent) have a negative sign. French roulette (plus 31.87 percent), trente et quarante (plus 42.70 percent) and the poker ultimate (plus 9.73 percent) have a positive sign. Slot machines collect €2,969,377 (plus 6.89 percent) in the month, compared with the same month in 2018, in absolute terms, €191,301 more. Collection on an annual basis is of €50.344.582 (plus 7.63 percent), compared to the first ten months of 2018. Collection of tables is of €19.893.497 (plus 9.03 percent) and for the slots is of €30,451,085 (plus 6.73 percent). Entrances are 281,763 (minus 1.48 percent). These are definitely reassuring data, bearing in mind that most of the year and the management activity focused on the agreement in continuity with the management company, for which the approval was finally obtained by the court, thus allowing now the serenity needed not only to meet the obligations assumed with the agreement with the creditors, but also to start activities to relaunch collection. As for the revenue from November 2018 to October 2019, they amounted to €61,408,502, a strong plus 8.17 percent which is certanly a ray of hope. VENICE - Difficult October for the Casino di Venezia, still struggling with the last acts before the referendum on the new collective company work contract for the employees, which will take the place of the unilateral regulation which came into force in July 2017. Revenue was in fact of €6,545,988, 1,369,619, or 17.2 percent, less than in the same month last year, which had also decreased by 7.44 percent compared to the same period in 2017. On the contrary, entrances are slightly recovering: 58.774, or 0.15 percent more. Analyzing the data, the decline in slot machines comes to light, ending the month at €3,436,320, 13.56 percent less, a result that is still better than the overall decrease. It is therefore attributable also to traditional games: French roulette, with €362,910, decreases of 36.58 percent, and the fair roulette, with €1,154,773, of 22.75 percent. All other games are decreasing: chemin de fer of 26.99 percent (€289.485), poker cash of 35.76 percent (€114.956). Black jack of 38.04 percent (€409.895). Punto banco is a good exception, collecting €777,547, or 24.22 percent more than in October 2018. In the first ten months of the year the Casino, with its two venues, in the laggon and mainland, collected a total of €77,515,567, that is 5.06 percent less. This is the only gambling house that is registering a negative trend in the whole 2019. And the revenue not coinciding with the calendar year is the same: this time entrances amount to €93.450.394, 3.69 percent less.

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