Holland Casino was hit hard by corona in 2021 and was therefore closed for a large part of the year, which had a major impact on its results. Holland Casino made a loss of € 45.7 million in 2021. The year before, the loss was €58.8 million. Despite limited turnover and a large tax debt, Holland Casino is still in good shape, thanks to government support measures and investments in new establishments, restaurants and Holland Casino Online.
Holland Casino annual figures 2021
Gross income decreased by 8.65 per cent in 2021 compared to 2020. The result before corporate tax is a loss of 64.3 million euros, 20.3 percent less than in 2020. The result after tax is a loss of 45.7 million euros (2020: loss of 58.8 million euros).
The entry into force of the Distance Gaming Act on April 1, 2021 gives Holland Casino the opportunity, in addition to its branches in the country, to offer online games of chance in a responsible, fair and safe manner. Holland Casino Online went live on October 4, 2021. The first results are good. The 'startup' contributes directly to the result in 2021. The turnover was 40.4 million euros. For comparison: according to the annual report of the Chancellor's Office, the total online turnover of licensed providers was 185 million euros.
The key figures:
The decreases compared to 2020 are due to the fact that at the beginning of that year, the establishments were open for 2.5 months without restrictions and turned in above-average turnover. In 2019, there were still 6.2 million visits. Average spending per visit rose to 154 euros in 2021 (+15.8 percent compared to 2020).
- Lower gross income: €304.2 million (was €333 million in 2020);
- Loss (before corporate tax) of €64.3 million (was €80.5 million in 2020);
- Turnover Holland Casino Online 40.4 million euros;
- More tax debt: 281.9 million euros (was 144.6 million in 2020);
- Fewer visits: 1.7 million (-31.6% compared to 2020);
- Branches closed 168 days due to measures against corona, 197 days open with restrictions.
