Gioconews Casino – Italian casinos for the Covid test, but not only!

Covid presents the bill to the Italian casinos, but when comparing data, one must also take into account the prolonged closure of the Campione d’Italias.

It’s almost unbelievable!
The biggest concern, at least so it seems to me, for gaming houses from what I have been able to read about Sanremo and Saint Vincent, is to suggest comparisons with 2019, the last before Covid.

They probably have not taken this into account in 2019, the Campione casino was closed from July 27 of the previous year; may be relevant.
The national market in 2019 with three casinos in operation was 197.7 million euros, while in 2017, in four, it reached 283.9 million.
The analysis of the two preceding data can find, although partial and rounded, a confirmation in the following:

2017

2019

differences

Champion 2017

Note

French games

52.2

38.0

-14.1

11.7

3

American games.

38.4

29.4

-9.0

9.2

0.2

Slot machine

182.3

124.9

-57.4

64.1

6.7

Table games

101.5

72.8

-28.7

27.4

1.0

Total income

283.9

197.7

-86.2

91.2

5.0

There is no poker in all poker modes and tournaments.

Between the 2017 income for Campione’s gaming house and the small difference found in the national market in 2019, we can count five million euros.
The differences for each casino, again from 2017 to 2019, can be found in: more 4.6 for slots, 1.3 less for US games, plus for French games eliminated with the decrease in mixed games (poker and related tournaments), this for Saint Vincent.

For Sanremo, we can see a decrease of 1.5 for table games, primarily for French games, and an increase of 1 million in slot machines; mixed and american games compensate for each other.
For Venice, we have an increase of a total of 2.2 million, due to minus 0.9 in French games, identical but increase in slot machines, an increase in American games of 1.5 million, very little more in mixed games.

At this point, all that needs to be done is to set a goal, beyond all that is indispensable and inevitable, to seek a modus operandi that is capable of resolving the situation that one is most likely to face. in.
The economic and political moment certainly does not help to draw credible solutions, which the evidence of the facts presents to us, and which time certainly does not allow to postpone.
Probably launching the differentiation of the offer is no longer enough, the search for new products to be activated online and live is presented only as an option not to be missed; any valid proposal, or considered to be able to limit the labor costs of trading on the tax wedge, is acceptable in relation to the legal nature of the revenue in question.

While the resource we have seen several times, consistentlyand in the case of staff reductions, the least valid one is presented once more inn how much reduction in the consumption potential of workers, today more than yesterday or the day before yesterday, initiates a negative spiral in every sense.

In conclusion, I am aware of that the observation of the national market in relation to the two years considered poses very serious problems for gaming house managers and maybe not just Italian.
Allow me to suggest a further reflection. Provided that demand has fallen and not by a small amount (specific table), that the inadequacy of supply could have reduced both interest and attendance, that the expansion of supply may have been held back by the cost of staff waiting for the so-called tax wedge, as multifunctionality in production policy is used only at Venice’s casino, we should only ask ourselves one question: what mistakes have been made? It is not a topic for those who have been out of it since 2000 and therefore the answer could be given by leaders and unions.

Unfortunately, this is, for me, the snapshot that I sincerely hope to have taken with a possible abundance of pessimism.

Presence

2016

2017

2018

2019

2020

St. Vincent

427,051

362,967

350,676

344,915

170,775

Venice

752,936

788,908

720,660

701,990

264,168

Sample

711,406

672,351

321,587

Sanremo

227,680

205,012

188,678

191,715

93,159

Total

2,119,073

2,029,238

1,581,599

1,238,520

528,102

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