Italian casinos counting the cost

A year after the first closures began to hit the Italian casino industry, the country’s casinos are now counting the cost, reports Italian news medium Gioconews.

A year after the start of the closures, the Italian venues remain closed, with a short window of reopening in mid-June through to October last year. The current closure will be in place until at least April 6.

In the period from March 2020 to February 21, the Italian casinos collected a total of €59m, or 67.5 per cent less than the comparative period.

San Remo’s revenues were €15.2m, down 63.59 per cent and it was, in fact, the best performer. St Vincent’s revenues totalled €18.4m or 67.6 per cent less; Venice had €25.4m, a decline of 70 per cent.

Footfall was down by a total of 70.55 per cent.