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Italy – Casino di Venezia the anomaly as online outpaces land-based in Italy

By - 7 de marzo de 2018

Despite suffering from fewer visitors, Casino di Venezia has started the New Year in fine fashion with GGR up 7.95 per cent in the first two months to €16.7m.

February saw the casino’s revenues up by 18.15 per cent compared to last year’s corresponding month reaching €7.9m.
The casino’s slots were up12.2 per cent, generating €4.1m whilst French roulette generated a further €1m. Other table games, such as chemin de fer and blackjack, saw slight declines. Visitation for the month came in at 56,256, ten per cent down.

Land-based casino revenues didn’t fare so well elsewhere with St Vincent falling 4.3 per cent to €4.1m with footfall down 14.7 per cent. Casino de la Valle saw revenues fall by 4.52 per cent while San Remo was down 11.4 per cent.February was also a bad month for Campioni d’Italiana with revenues falling 13.8 per cent.

These revenues were in stark contrast to Italy’s online sector where sports betting saw double-digit increases whilst the online casino vertical set a new record.

Online sports betting was up 27.5 per cent to €60.8m in January with Bet365’s Italian site leading the way with revenue of €10.1m, followed by SKS365 Group’s Planetwin365 with €8.5m.

Online casinos generated record revenues of €59.7m, representing a huge 30.4 per cent increase with Lottomatica accounting for the biggest share of the market at 9.03 per cent followed by PokerStars at 9.01 per cent.

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