{"id":279,"date":"2024-06-28T13:28:51","date_gmt":"2024-06-28T10:28:51","guid":{"rendered":"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/28\/partouche-organization-reports-e341-million-in-gaming-revenue-for-first-half-of-2023\/"},"modified":"2024-06-28T13:28:51","modified_gmt":"2024-06-28T10:28:51","slug":"partouche-organization-reports-e341-million-in-gaming-revenue-for-first-half-of-2023","status":"publish","type":"post","link":"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/28\/partouche-organization-reports-e341-million-in-gaming-revenue-for-first-half-of-2023\/","title":{"rendered":"Partouche Organization Reports \u20ac341 Million in Gaming Revenue for First Half of 2023"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/_LOnbupmAHQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Partouche Organization has unveiled its six-month financial outcomes for the period concluding in April 2023, disclosing a total gaming revenue (GGR) of \u20ac341 million (\u00a3293.9 million\/$373.4 million).<\/p>\n<p>Partouche Organization&#8217;s income for the initial six months of the year attained \u20ac341 million, signifying a year-over-year surge of 17.6% in comparison to the initial six months of 2022.<\/p>\n<p>Turnover for the timeframe amounted to \u20ac215.6 million, an expansion of 15.2%.<\/p>\n<p>The Partouche Organization declared that overall operating earnings for the six-month span reached \u20ac19.3 million, a 99.0% upswing, attributable to diverse elements.<\/p>\n<p>One of these elements was the enhanced performance of the Pasino gambling establishment in Aix-en-Provence, France. It generated \u20ac2.1 million in operating earnings during the six-month period.<\/p>\n<p>This marked the inaugural &#8220;standard six-month operational period&#8221; for the gambling establishment since its renovation was finalized in April 2019.<\/p>\n<p>Moreover, the Partouche Organization emphasized the &#8220;exceptional performance&#8221; of internet gambling in Switzerland during the timeframe, with operating earnings reaching \u20ac500,000 in 2023 compared to \u20ac3.5 million in 2022.<\/p>\n<p>The six-month report unveiled that the reduction in turnover (\u20ac215.6 million) and operating earnings (\u20ac19.3 million) was ascribed to numerous expenses.<\/p>\n<p>Purchases and external expenditures totaled \u20ac70.7 million, a year-over-year expansion of 16.5%. However, the most substantial expense documented in the six-month report was linked to personnel costs, totaling \u20ac87.4 million, an increase of 6.7%.<\/p>\n<p>Depreciation, amortization, and impairment of fixed assets amounted to \u20ac24.5 million, a decline of 6%. <\/p>\n<p>The firms earnings for the initial six months of the year were \u20ac20 million, a reduction of 26.2% in comparison to the equivalent period in the previous year. This decline was driven by a 5% drop in sales earnings, coupled with a 5.8% decrease in tax and customs earnings, which amounted to \u20ac9.6 million. Other operational expenditures reached \u20ac4.2 million.<\/p>\n<p>Other non-current asset income and operational expenditures amounted to \u20ac700,000.<\/p>\n<p>Financial income decreased by \u20ac1.5 million, resulting in a reduction in income tax and a pre-tax profit of \u20ac18.6 million.<\/p>\n<p>After subtracting corporate income tax (\u20ac1 million) and CVAE tax (\u20ac700,000), net profit reached \u20ac18.9 million, a decrease of 23.5% in comparison to the equivalent period in the previous year.<\/p>\n<p>After accounting for \u20ac100,000 in profits from equity-accounted associates, net profit for the six months was \u20ac18.8 million, a decrease of 23.3% in comparison to the equivalent period in the previous year.<\/p>\n<p>Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the six months reached \u20ac42.7 million, an increase of 24.6% in comparison to the equivalent period in the previous year.<\/p>\n<p>Sign up for the iGaming News Newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Partouche Organization has unveiled its six-month financial outcomes for the period concluding in April&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Partouche Organization Reports Strong H1 2023 Results<\/title>\n<meta name=\"description\" content=\"Partouche Organization\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/28\/partouche-organization-reports-e341-million-in-gaming-revenue-for-first-half-of-2023\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Partouche Organization Reports \u20ac341 Million in Gaming Revenue for First Half of 2023\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Partouche Organization\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/freespinsonregistrationnodeposit.icu\/2024\/06\/28\/partouche-organization-reports-e341-million-in-gaming-revenue-for-first-half-of-2023\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Up-to-Date with Our Licensed Online Casino News &amp; 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