Key points:
- Groupe Partouche has posted an annual turnover of €434.3m
- FY2024 GGR settled at €712.3m, up 1.5% year-on-year
- The company’s home nation of France was a key revenue driver in 2024
Groupe Partouche has posted its final financial results of 2024, reporting an annual turnover of €434.3m ($456.6m), up 2.5% in comparison to figures from 2023.
Results for the full year of 2024 span across the period from November 2023 – October 2024, with Q4 spanning from August to October 2024.
Full-year 2024
Turnover aside, Groupe Partouche’s gross gaming revenue (GGR) figure for the year reached €712.3m, a marginal 1.5% increase in revenue when compared to results from 2023. This rise was primarily driven by the organisation's French operations, as GGR in the nation reached €636.1m, rising by 0.9% year-on-year. Further, this figure was driven by a strong performance from slot machines, which generated a revenue of €504m for the year, rising by 1.5%.
Interestingly, GGR from electronic games fell for Groupe Partouche by 1.4% year-on-year to €132.1m. This decrease paired with yearly declines in revenue of 0.7% and 2.5% for electronic table games and traditional table games, respectively. Non-gaming revenue also rose by 4.5% due to a strong performance from the company’s hotels.
Annual GGR from outside of France rose by 7.3% year-on-year, generating €76.3m. This increase was primarily driven by a strong performance from traditional games, which accounted for €36.8m – up 23.8% year-on-year – of the overall revenue figure. Overall, net gaming revenue (NGR) for the company’s global operations also rose by 1.7% year-on-year to a figure of €338.7m.
Q4 2024
Over the course of the organisation’s fourth quarterly period of 2024, company GGR rose by 2.3% to a figure of €186m, €166.9m of which was accounted for by its French operations, marking an increase in revenue of 2.3% in the nation year-on-year.
Elsewhere, the remaining €19.1m GGR figure was generated from operations out of the company’s home nation, representing an increase of 1.7% when compared to figures from Q4 2023. Finally, NGR for the quarter also rose by 2.6% year-on-year, settling at €79.7m.
Good to know: In June, Groupe Partouche released its H1 2024 results, posting a turnover of €220.6m for the period.
Highlights from the year
Over the course of its FY2024 period, Groupe Partouche completed the renovation of three of its main casino sites, including Annemasse, Divonne and La Tour-de-Salvagny. Moreover, La Tour-de-Salvagny also underwent an expansion and rebranding to Pasino Grand.
Earlier in December, the Cannes casino was also relocated to Palm Beach, following its reconfiguration to The Royal Palm Casino.
