French-speaking casinos are on the verge of bankruptcy. The Syndicat des Casinos de France has launched a distress call concerning land-based casinos. Despite the imposing number of gambling houses in France, the situation is critical.
The tough battle of land-based casinos
Last year, the turnover of French casinos increased nonetheless significantly. The fact remains that operators are in difficulty. Aside from the growth of the Enghien-les-Bains gambling house, the gambling industry in France remains stagnant. Even alarming. Indeed, 20 to 30 of them are about to close their doors in a short time. Moreover, the Casinos de France union supports this assertion. The budget deficit is the main cause of this fall. However, France has nearly 200 casinos to its credit. Like other European countries, admit it’s consistent. However, many are struggling to find customers. Thus, the players make large investments in ancillary activities. Almost one hundred million euros per year are put into shows and other entertainment. Reflection is in order.
In addition, according to the union’s statements, lucrative gambling establishments are suffering from rising taxes. Thus, more than twenty casinos will be in danger this year. In addition, reprisals from the general public stain the picture. Most people see casinos as a big money laundering factory. Considering the fact that the Partouche group affair caused a lot of ink to flow in the media, this is understandable. Organizing poker tournaments and lying about the bets, it gives rise to doubt. Given the clandestinity of online casinos in France, land-based casinos are on the defensive in relation to their activities. Even if they run to their losses, they defend their notoriety.