Revenues up for Holland Casino in H1 2016

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Holland Casino, the Netherland’s state-owned gaming group, saw its revenues rise by six per cent in the first half of 2016, due primarily to an increase in both visitor numbers and higher average spend per guest.

 

[dropcap]I[/dropcap]n the six months to June 30, revenues for the group totalled E203m. Operating income reached E48m, up on the E41m in the prior-year period.

“We had a good half year, and this shows that our sharpened strategy [is yielding] results,” said Holland Casino CEO, Erwin van Lambaart. “We continue to work hard on quality improvements for our guests.”

On July 7, the Dutch Lower House passed a bill to regulate online gaming in the country for the first time. The bill, which passed with a wide majority, follows several years of lobbying and research efforts, as both online and land-based industry stakeholders fought to bring the Netherlands’ gaming legislation into the 21st century.

The Dutch senate is currently on its summer break and due to reconvene in the autumn. The Permanent Committee for Security and Justice has been scheduled to discuss the bill on October 4. Now parliamentarians have approved the legislation, the Netherlands could launch regulated online gaming by the third quarter of 2017.

“There are big changes coming for the Dutch gaming market coming and we are anticipating this as much as possible,” van Lambaart said, “including in the preparation of an application for an online gambling licence. In this way we prepare for the future.”


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