Switzerland: economic crisis affects the alpine casinos
The economic crisis hasn't spared the Swiss casinos, which have lost business like the rest of the profession whether in Monaco, Las Vegas, Macao or Paris. The Crans-Montana gaming casino, which belongs to the Partouche group, has experienced a reduction in clientele of 1.74%, badly affected in the last quarter of 2008 by the economic crisis, which is causing players to think twice before going to the casino. The Crans-Montana casino hasn't, however registered a reduction in gross income from the games at 15.4 million euros, an increase of 2% compared to 2007. On the other hand the casino's profit has been reduced by more than 3% and stands at 4.2 million euros.
The Crans- Montana casino has paid charges of no less than 7.2 million euros and this amount is shared by six communes, which have a 20% share in the casino. The Crans- Montana casino was the leading Swiss casino in 2007 ( See the article : Crans- Montana, the Leading Swiss Casino). It offers the public a large number of games and in particular a wide range of one-armed bandits : 132 of the most up to date machines. This casino specialises in slot machines and is innovating by launching the Mystery Jackpot, which links all of the machines giving players the chance to win a fabulous jackpot. This was last won on the 21st of February, when a player walked away with the sum of 5,700 euros. There are also traditional games including three roulettte tables, four of black jack and one of stud poker.
Although the crisis is affecting all of the Swiss casinos, it remains to be seen whether the Crans- Montana casino has kept its place as leader of the alpine casinos. To be continued...
© Casinoweb
The Crans- Montana casino has paid charges of no less than 7.2 million euros and this amount is shared by six communes, which have a 20% share in the casino. The Crans- Montana casino was the leading Swiss casino in 2007 ( See the article : Crans- Montana, the Leading Swiss Casino). It offers the public a large number of games and in particular a wide range of one-armed bandits : 132 of the most up to date machines. This casino specialises in slot machines and is innovating by launching the Mystery Jackpot, which links all of the machines giving players the chance to win a fabulous jackpot. This was last won on the 21st of February, when a player walked away with the sum of 5,700 euros. There are also traditional games including three roulettte tables, four of black jack and one of stud poker.
Although the crisis is affecting all of the Swiss casinos, it remains to be seen whether the Crans- Montana casino has kept its place as leader of the alpine casinos. To be continued...
© Casinoweb
Avril 2009
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