{"id":222,"date":"2024-06-27T03:50:03","date_gmt":"2024-06-27T00:50:03","guid":{"rendered":"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/partouche-organization-reports-e341-million-in-gaming-income-for-first-half-of-2023\/"},"modified":"2024-06-27T03:50:03","modified_gmt":"2024-06-27T00:50:03","slug":"partouche-organization-reports-e341-million-in-gaming-income-for-first-half-of-2023","status":"publish","type":"post","link":"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/partouche-organization-reports-e341-million-in-gaming-income-for-first-half-of-2023\/","title":{"rendered":"Partouche Organization Reports \u20ac341 Million in Gaming Income for First Half of 2023"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/iqPwI0ju4W8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Partouche Organization announced a combined gaming income (GGR) of \u20ac341 million for the initial six months concluding in April 2023, showing a 17.6% increase compared to the same time frame in 2022.<\/p>\n<p>The organization&#8217;s six-month report indicated that total revenue was \u20ac341 million (approximately \u00a3293.9 million\/$373.4 million), with business activity reaching \u20ac215.6 million, signifying a 15.2% year-over-year rise.<\/p>\n<p>Partouche Organization emphasized that its overall operational earnings increased by 99.0% to \u20ac19.3 million in the initial six months, fueled by various factors, including enhanced operations at its gambling establishment, the Pasino Grand Hotel in Aix-en-Provence, France.<\/p>\n<p>The Pasino Grand Hotel produced \u20ac2.1 million in operational earnings during the first half of the year, marking the first &#8220;typical six-month operational period&#8221; for the casino since its refurbishment was finalized in April 2019.<\/p>\n<p>Moreover, Partouche Organization highlighted the &#8220;exceptional&#8221; performance of its Swiss online gambling operations during the period, with operational earnings reaching \u20ac500,000 in 2023, in contrast to \u20ac3.5 million in 2022.<\/p>\n<p>However, the organization&#8217;s six-month report also unveiled a decrease in business activity and operational earnings to \u20ac215.6 million and \u20ac19.3 million, respectively, attributed to diverse expenses.<\/p>\n<p>Among these, purchases and external expenses amounted to \u20ac70.7 million, showing a 16.5% year-over-year rise. But the most significant expenditure in the first half was related to staff costs, totaling \u20ac87.4 million, a 6.7% increase.<\/p>\n<p>Depreciation, amortization, and impairment of fixed assets totaled \u20ac24.5 million, exhibiting a 6% decrease. <\/p>\n<p>The firms income for the initial six months of the year was twenty million euros, a reduction of twenty-six point two percent compared to the same period in the previous year. This decline was mainly caused by a five percent decrease in sales. At the same time, tax and customs income reached nine point six million euros, down five point eight percent year-over-year, while other operational expenditures amounted to four point two million euros.<\/p>\n<p>Other non-current asset income and operational expenses totaled seven hundred thousand euros.<\/p>\n<p>However, financial income of one point five million euros was reduced by income tax, resulting in a pre-tax profit of eighteen point six million euros.<\/p>\n<p>After subtracting one million euros in corporate income tax and seven hundred thousand euros in CVAE tax, the net profit reached eighteen point nine million euros, down twenty-three point five percent year-over-year.<\/p>\n<p>After subtracting one hundred thousand euros in equity-accounted associate company earnings, the total net profit for the first half of the year was eighteen point eight million euros, down twenty-three point three percent year-over-year.<\/p>\n<p>As of the end of June, earnings before interest, taxes, depreciation, and amortization (EBITDA) reached forty-two point seven million euros, an increase of twenty-four point six percent.<\/p>\n<p>Sign up for the iGaming news newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Partouche Organization announced a combined gaming income (GGR) of \u20ac341 million for the initial&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Partouche Organization Reports Strong H1 2023 Gaming Revenue<\/title>\n<meta name=\"description\" content=\"Partouche Organization\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/partouche-organization-reports-e341-million-in-gaming-income-for-first-half-of-2023\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Partouche Organization Reports \u20ac341 Million in Gaming Income for First Half of 2023\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Partouche Organization\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/winportcasinonodepositbonus.icu\/2024\/06\/27\/partouche-organization-reports-e341-million-in-gaming-income-for-first-half-of-2023\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Inner Casino Champion | Licensed Games &amp; 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