Global casino operator Casinos Austria International has reportedly announced that it chalked up a record first-half loss of just over €10 million ($11.8 million) owing to issues surrounding the coronavirus pandemic.
The Vienna-headquartered firm saw its overall revenues for the six months to the end of June drop by about 30.5% year-on-year to €52.8 million ($62.5 million) as its operations in Hungary, Germany, Switzerland, Denmark, Liechtenstein, Egypt, Australia and North Macedonia were seriously hurt by outbreaks of the potentially-lethal virus.
Casinos Austria International has a footprint in 35 countries and reportedly revealed that its ten venues in Germany generated some €30.1 million ($35.6 million) in aggregated first-half revenues for an associated profit of about €2.5 million ($2.9 million). The operator purportedly detailed that its Grand Casino Brussels Viage property in Belgium also had an acceptable six-month period as takings hit €10.6 million ($12.5 million) although this establishment’s related loss climbed to approximately €5.7 million ($6.7 million).
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