Italian casinos under siege

After an enthusiastic reopening in July, the Italian casinos have found that it is not going to be a quick return to normal at all.

The first half of the month was optimistic, but figures then plunged again, suggesting that the return was going to be a much slower exercise, reports Gioco News.

The Casino di Sanremo (pictured) had July revenues of €2.9m, 18.15 per cent down. Slots accounted for €2.4m of that, 17.02 per cent down, but blackjack  was up 49.09 per cent at almost €120,000. Footfall was 12,065, down 21.6 percent. For the first seven months of the year, the Casino di Sanremo revenues stood at €12.9m, down 49.08 per cent.

The Saint Vincent casino the Valle d’Aosta saw revenues of €3.7m, down 30.64 per cent from footfall of 22,424, down 17.8 per cent. Tables were 43.97 percent down with a loss of €1.04m and slots turned over €2.4m, down 20.09 percent or €605.500 less. The figures for the seven months showed revenue of €17.05m, 50.87 percent less.

At Venice’s Casino di Venezia, July saw revenues of €4.9m, a drop of 39 per  cent on footfall of 35,942, down 30.43 per cent. Slots accounted for €3.7m, down 21.59 per cent, while the trend was reversed by punto banco where revenue was €784,344, or 103.32 per cent up. For the seven months, Venice showed a revenue decline of 56.9 per cent at €23.3m.

National figures, compiled by Gioco News, show total Italian casino revenue for the seven months down 53.33 per cent at €53.3m.