Insight FRANCE Casino Operations
Fabrice Paire President, Groupe Partouche
progress. Revenues from slot machines are also growing. We really have three segments of games offerings: machines, traditional non- electronic games and traditional electronic games which are progressing and which naturally accompany this recovery.
So you're going to keep going, renewing your gaming floor?
What is your assessment of the 2015-2016 financial year?
Te year provided confirmation that the Partouche group has made a satisfactory recovery in its activity. We are in five semesters of business growth. Tis definitely reassures us that after six years of continuous decline, we believe we have reached the bottom and that we are again in a somewhat more satisfactory period of positive development.
Te progress we made last year will allows us to build for the the future and develop certain projects. Te whole sector is doing better. Tis is due to different factors. In particular, the fact that, over the past four years, various segments in our games offer have expanded, notably with the introduction of electronic forms of traditional games. Tere is a rather noticeable acceleration at this level.
We have great choices when it comes to electronic equipment in the supplier market which are attracting new customers who are moving towards this new gaming segment. Tis diversification of supply does not cannibalise our traditional games since these have also continued to
Georges Tranchant President, Groupe Tranchant
per cent, reaching €239,428,000. Te net turnover after taxation was relative stability at all of our 17 casinos and two hotels. However we remain very cautious in the face of political uncertainties that may impact our business, in particular an increase in CSG taxation on casino GGR and player profit.
What is your assessment of the 2015-2016 financial year?
Te GGR for our overall group, including Tranchant Hôtels, our French casinos and our casinos in Switzerland 2016 increased by 2.76
Our activity is the only one that forces commercial companies to settle the CSG and the CRDS. It is also necessary to take into account the cost of the workforce assigned to the complex anti-money laundering struggle imposed on casinos, whereas nothing like this impacts the PMU and la Française des Jeux despite them offering their customers casino games.
We're not going to stop. For many years we have had a policy of renewing our machines, which we consider satisfactory. We will continue to integrate new types of electronic forms of traditional games. It is clear that the majority of success has come from roulette.
Te introduction of Tangiamo tables haven’t affected the progress of the first electronic roulette terminals we introduced from Alfastreet either. And we continue to work on the design of our gaming rooms, their format, the environment in which the games are deployed.
What should the next government do to help boost the gaming sector?
Tey should have the courage to open their eyes to the flagrant scandal that has long been the way in which we allow la Française des Jeux to operate absolutely anything to the detriment of other national gaming operators.
It is absolutely outrageous to see how games that encroach on the nature of the games we offer in casinos can be offered as they want, when they want, without any condiseration for anything.
Our Group will open a three-star hotel in Pouges-les-Eaux in 2017. We will also build a large casino in Pau towards the end of the financial year 2017. We are developing partnerships in order to have suitable premises in Paris for the possible exploitation of a ‘gaming club’ when we know exactly what games will be authorized, the level of taxation and other elements of the operational cost that will determine our possible investments in this new area.
We are continuing to modernise our casinos with the new Certus on Line system as well as the structural modifications allowing the creation of smoking terraces. Obviously we will take part in the tenders relating of new casinos.
NEWSWIRE / INTERACTIVE /
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