Groupe Partouche online growth offsets modest French performance

Groupe Partouche online growth offsets modest French performance

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Groupe Partouche reported a 2.5% increase in Q2 revenue, as growth in online gaming and international operations offset more modest performance in its core French casino market.

The French casino operator generated revenue of €109.5m (US$118m) in the three months to the end of April. GGR rose 1.9% to €182.1m ($196m), while net gaming revenue increased 1.7% to €84.5m ($91m). Strongest growth came from online activity, where revenue increased 26% to €7.1m ($7.6m), helping to lift international gaming revenue by 4.5% to €18.9m ($20m).

Partouche’s online growth is generated outside France, where private operators are not permitted to offer online casino games such as slots, roulette and blackjack. The group operates an online live casino in Switzerland through Casino du Lac de Meyrin in Geneva, in partnership with Evolution, and an online casino in Belgium through Betsson, supported by its Belgian land-based licence.

The group also benefited from growth in Benin, where the Cotonou Casino, open since January 2025, recorded a more than fourfold increase in gaming revenue.

In France, gaming revenue rose 1.6% to €163.1m ($175m). Slot machine revenue fell 1.7% to €125.8m ($135m), partly reflecting the closure of the Berck Casino in January. Table games performed more strongly, rising 14.8% to €37.3m ($40m), with growth led by Annemasse, Divonne, Saint-Amand-les-Eaux and La Tour-de-Salvagny.

The newly-acquired Casino 50 Croisette in Cannes and the revamped Royal Palm also supported the French performance.

Partouche opened a new gaming club in Paris on May 12th at 10 Avenue de la Grande Armée, near the Arc de Triomphe. The group describes the venue as the largest gaming establishment in the capital. Roulette is expected to be added later this year, while poker is being operated through a partnership with Texapoker. Partouche will also move its head office into the building in July.

For the first half, group revenue rose 3% to €240.4m ($259m), with GGR up 2.6% to €371.1m ($400m) and net gaming revenue up 2.5% to €190m ($205m). Full half-year results are due on June 30th, with Q3 revenue scheduled for September 8th.

The results underline the strategic constraint facing French casino operators. Domestic land-based performance remains stable rather than dynamic, while the fastest growth opportunities are increasingly linked to online casino activity in regulated markets outside France.