Wire EMEA Holland Casino Looks to Anniversary Year
Holland Casino has confirmed the first signs of a recovery in the Dutch casino sector with turnover for the first half year of €28.8m.
UK – Simon Thomas, CEO of the London Hippodrome Casino has accepted an invitation to become the first ICE London Ambassador. The honorary position runs from September 2021 through to August 2022.
Confirming the appointment, Stuart Hunter, Managing Director of the Gaming Division of ICE organisers Clarion Events, said: “Simon is an ideal ICE London Ambassador. His interpretation more than a decade ago of new casino legislation brought about a new style of UK casino that has put the sector firmly on the world map.”
Simon Thomas said: “My family’s history in the amusements and gaming industry means that I have quite literally grown up attending what was then ATEI and has subsequently become ICE London. I look forward to this new ambassadorial challenge and working with Stuart and the leadership team at Clarion Gaming.”
MALTA – GiG has strengthened its sales team and signalled its intent in the US with the hire of David Elmore as VP Sales for North America. Elmore has been working at GLI, the regulatory laboratory, in
New Jersey for 14 years, selling various solutions, concentrating primarily on testing, selling to land- based casino groups and local tribes.
MALTA – B2B gaming supplier Push Gaming is complementing its recent regulated market growth with the hiring of Denisa Assefova as its new Head of Legal to oversee Push Gaming's legal matters and support
the company's further expansion.
UK – 1X2 Network continues to grow its team following the appointment of industry veteran Jason Bradbury as Head of Business Development and Marketing. As Head of Business
Development and Marketing he will be responsible for driving awareness of 1X2 Network and its suite of games among operators in key markets.
SPAIN – Zitro has welcomed Eva García as its Marketing Director based in Barcelona, Spain. Eva has a wealth of experience in marketing and communication including five years at CIRSA Gaming Corp, and
almost 11 years at Scientific Games. She has a vast knowledge of brand management, event organisation and product launch strategies and both corporate and product related communications.
P16 WIRE / PULSE / INSIGHT / REPORTS
Holland Casino has confirmed the first signs of a recovery in the Dutch casino sector with turnover for the first half year of €28.8m. Over the past six months, the company was forced to close for more than five months due to the Covid measures. Te group’s 14 branches have been open again since June 5, with turnover bouncing back in a healthy manner. Holland Casino took the opportunity during the lockdown to create a more efficient and agile organisation.
CEO, Erwin van Lambaart, stated: “Although Corona hit our company head-on in the first half of 2021, in our 45th anniversary year, we look ahead with confidence. All in all, the Netherlands was deprived of a legal casino offer for almost a year, but now that the Corona measures are disappearing little-by-little, recovery is in sight. We see that the resilience and dedication of our people, the general support measures from the government and a clear strategic investment vision for our future make us strong. We see bright spots in the potential offer of online games of chance as October 1, for which we have applied for a license and the opening of our new world-class casino branches in Venlo and Utrecht."
SBM to keep Sun Casino closed in Monte-Carlo
Monaco
Société des Bains de Mer (SBM) had decided to keep its Sun Casino, the most American of its Monte-Carlo casino collection, closed following the reopening of its business from the pandemic.
Te casino was set to close in 2023 with plans to merge with the company's Café de Paris casino, however the company confirmed: “A charge of €7.5m was also recorded for the 2020/2021 financial year for the closure of the Sun Casino. Te SBM Group has decided not to reopen this establishment and all of the remaining financial commitments have been provisioned.”
Te closures of its casinos and
CFO, Ruud Bergervoet, added: “Fortunately, we were able to have sufficient liquid assets in the past six months to get through this difficult period of closure. Tanks to the constructive NOW scheme, the deferral of tax payments, strict cost control measures and tight operational management, we were able to safeguard the continuity of the company over the 18 months. Te significant tax debt of €190.5m is offset by a strong liquidity position without bank debt. We are therefore considering paying off this debt more quickly if no new Corona measures are introduced and the recovery continues. Te results after June are promising in that regard.”
Mr. Van Lambaart added: "We are also looking forward to the reintroduction of poker, live bingo and our NXT zones, so that the game can really be experienced together again. We also hope to be able to offer our bars and restaurants, which currently all close at midnight, after midnight. Our birthday on October 1, 2021 will hopefully be special. Te best gift would then be a license to finally be able to legally offer our exciting online games of chance, while at the same time always raising the bar for reliable, safe and responsible gaming."
hotels due to the pandemic has halved SBM Group revenues, having generated a turnover of €336.9m for the whole of the 2020/2021 financial year compared to €619.8m in 2019/2020.
Te group said: "Tis fall of €282.9m in turnover is the direct consequence of the Covid-19 epidemic which has had a very strong impact on the activity of the SBM Group. If the SBM Group has benefited from growth in revenues linked to its commercial and residential rental activities, which confirms the validity of the diversification strategy undertaken for several years to develop its real estate assets and rental activities, the Covid-19 epidemic has had a strong impact on gaming and hotel activities / catering, especially since the closures of establishments took place during the first half of the year, which is usually the period of greatest activity.”
Sweden
Te Board of Directors of Betsson confirmed the departure of Pontus Lindwall as CEO of the betting operator, a week ahead of an further announcement that it 'no longer had full confidence’ in Patrick Svensk as Chairman, prompting him to resign his position. Te Board believes that Betsson is ready for further renewal in order to meet the challenges in an international environment, more regulated markets and take advantage of new opportunities. Against this background, the Board will begin the work of searching for the next generation of international leader to further develop Betsson.
Pontus Lindwall has led the development of Betsson and its predecessors for almost 25 years and is one of the industry's leading profiles in digital gaming and gambling. Pontus Lindwall was appointed CEO of Betsson in 1998 .
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