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POST CV19 OUTLOOK - by Philipe Bon “France has 202 casinos and eight gaming clubs in Paris. From March 14 2020, all these establishments had to be completely closed by a government decision, due to the Covid crisis. All of the 15,000 employees, with a few exceptions (security functions) were placed on partial unemployment. A large part of the wages were covered by the State, which means that a social catastrophe has been avoided, at least for the time being.


Te total closure lasted until June 2 and most casinos were allowed to reopen, but without table games. It was not until June 22 that all games were authorised.


In order to prepare for re-opening as soon as possible, casinos and clubs made urgent investments to be able to comply with health instructions. Te employees were trained accordingly and they have all put in a tremendous amount of energy to ensure that locations re-open in perfect conditions to guarantee their protection and that of the customers.


Te imposition of health regulation brought two measures that have had an impact on the activity: the distance from play stations and the wearing of masks for customers. As a result, only 70 to 80 per cent of the slot machines are active and many customers do not come or stay for a shorter time, because they find it difficult to tolerate the mask.


GGR annual loss compared to the previous year reached –35 per cent at the end of May just before the partial re-opening. By the end of July, which was the first full month of opening, the loss had narrowed to -29 per cent. Activity is far from having regained its normal rhythm. Tis season will certainly constitute a historic underperformance. At this stage we do not know if casinos, some of which were economically fragile before the health crisis, will be able to survive.


Te other activities of casinos, restaurants and cultural events have not recovered to their pre- crisis level either. We therefore still have around eight per cent of employees in a position of partial unemployment. Tis is an important problem and we strongly hope that the end of the crisis will make it possible to regain full employment for all.”


Gambling GGR data 2019 Casinos:


Sports betting online: Poker online:


Horse racing online: FDJ online:


€2.4bn €880m €272m €271m €5.5bn


GGR annual loss compared to the previous year reached –35 per cent at the end of May just before the partial re-opening. By the end of July, which was the first full month of opening, the loss had narrowed to -29 per cent.


NEWSWIRE / INTERACTIVE / MARKET DATA P53


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