French on line casino operator Groupe Partouche has marked a big milestone with the reopening of the Royal Palm On line casino in Cannes. The revamped venue, situated on the iconic Palm Seashore web site, has undergone an intensive renovation, reflecting the operator’s imaginative and prescient of making one in all Europe’s premier gaming locations.
Royal Palm On line casino reopens in Cannes:
The restoration undertaking, carried out by Cannes-based structure agency Caprini et Pellerin, concerned an funding exceeding €200 million. The brand new design doubles the gaming space to 600 sq. meters and brings an expensive Twenties-inspired aesthetic. Highlighting its unique enchantment, the on line casino options simply 33 slot machines alongside custom-made tables for blackjack, English and French roulette, Final Texas Poker, and Punto Banco.
As reported by G3 Newswire, Eric Zana, president and CEO of Royal Palm On line casino, expressed the venue’s distinctive imaginative and prescient, stating, “We wish to have a royal on line casino. We would like folks to really feel like they’re in a film, a present. We’re going to attempt to deliver the historical past of Palm Seashore to life, prefer it was 100 years in the past.”
The reopening of the Royal Palm On line casino coincides with Groupe Partouche’s regular monetary development, regardless of important renovation tasks throughout its key properties. For the 2024 fiscal yr, the group reported Gross Gaming Income (GGR) of €712.3 million, marking a 1.5% enhance from the earlier yr’s €701.5 million.
Renovation efforts prolonged past Cannes to incorporate the operator’s three largest casinos in Annemasse, Divonne, and La Tour-de-Salvagny. La Tour-de-Salvagny, now rebranded as Pasino Grand, underwent an growth to rework right into a complete leisure hub. These tasks left a “lasting impression” on patrons, in response to the corporate, which reported rising buyer enthusiasm for the revamped areas, Globenewswire stories.
Within the fourth quarter of 2024 alone, GGR rose by 2.3% to achieve €186 million. Conventional gaming revenues confirmed blended outcomes, with slot machines growing by 1.5% to €504 million, whereas conventional desk video games and digital gaming noticed slight declines of two.5% and 1.4%, respectively.
Worldwide markets and future outlook:
Groupe Partouche’s worldwide operations additionally contributed positively to its monetary efficiency. The corporate’s abroad GGR climbed by 7.3% to €76.3 million, pushed by strong development in conventional gaming and on-line platforms. Swiss operations, together with the Meirin On line casino, benefited from favorable alternate charges and a 34.5% surge in on-line gaming income to €23.6 million. Belgium’s Middelkerke On line casino additionally posted a 33.3% enhance in income.
The reopening of Royal Palm On line casino signifies a broader technique by Partouche to modernize its choices and improve buyer experiences throughout its properties. As Partouche said, “On line casino Royal Palm thus enters a brand new period,” highlighting the significance of this transformation for the group’s imaginative and prescient and market place.
