Holland Casino Reports Major Losses For 2020

Holland Casino has announced their annual results for 2020 showing the company lost €58.8 million in the year due to constant closures and the major effect of the COVID-19 pandemic.

The operator said that revenues plunged by 53.8% in the year to €333 million, much of that revenues was derived from slot machines that brought in €185.9 million, with table games at €124.7 million.

The company that was only able to open its 14 casinos for 71 days in the whole year of 2020 said that its visitor numbers non-surprisingly fell by 60% to just 2.5 million for the whole year.

In a statement on the results and on the company finances Erwin van Lambaart the Companies Chief Executive said: “Despite the constantly changing circumstances and major challenges that this crisis year caused, I firmly believe that we will get through it well,” he went on to say, “This is due to the resilience of our people, general government support measures, focus on cost control and a clear strategic investment vision for the future. Together, this has meant that we were always able to anticipate the consequences of this crisis.”