Holland Casino had a good year in 2017. The total revenue of the casino increased by just over 5 percent last year. Due to this substantial percentage increase, the turnover of the company amounted to a nice amount, namely 639.2 million euros. The result of Holland Casino also increased considerably. In 2016 the result was 81.7 million euros, in 2018 no less than 98 million euros. All in all a nice year for the casino chain.
Insurance payment leads to an increase
According to Holland Casino, the increase in the result does not have much to do with the company's activities. A large part of the increase was caused by a one-off payment of almost 20 million euros. This amount is the insurance payment that the company received for the fire at Holland Casino Groningen.
Slightly lower net profit
After paying all taxes, Holland Casino left 73.5 million euros in 2017. A nice amount, but in 2016 the net profit was slightly higher. Then the company earned 74.1 million euros.
Slightly fewer people also came to the various locations of Holland Casino. The total number of visits in 2016 was 5.9 million, in 2017 it was 5.8 million. The decrease in the total number of visits is related to the fire in Holland Casino Groningen, according to the company. Holland Casino also points to the closure of the branch at Schiphol Airport. Due to the closure of the casino in Groningen and the casino at the airport, Holland Casino missed out on many visitors in 2017. Incidentally, the visitors of Holland Casino spent a little more last year than in 2016, since 109 euros per visit were spent in 2017 and 102 euros in 2016.
Many investments for Holland Casino
Holland Casino spent a lot of money in 2017 to make various investments. No less than 72 million euros were invested in renovating branches and renewing slot machines. Not for nothing, because almost a quarter of the slot machines that Holland Casino has are now equipped with the latest games that are currently for sale.