A vintage year for French casinos
Casinos in France recorded record levels of profits in 2006, showing a 2.16 per cent increase from the previous year. Profits amounted to a total of 2.7 billion euros after payouts to punters. The recent upturn in fortunes follows the weakest growth the previous year since 1991.
Despite the good news, the increase in profits is tiny compared to the year-on-year rise of 10 per cent between 1991 and 2001.
However, casino workers in French casinos are still not happy. Workers and bosses are currently in disagreement over pay disputes and proposals to introduce electronic versions of roulette and blackjack. Workers went on strike on New Year’s Eve, one of the busiest nights of the year, to make their point.
The employees want a pay rise of five per cent, believing they should be rewarded from the increased profits, but casino bosses are only offering two per cent. They also fear that as many as 3,500 jobs could be lost due to the introduction of the new electronic games.
The government seems to be siding with casino bosses, claiming that rules need to be changed in order to safeguard the survival of smaller organisations. According to Patrick Partouche, president of the Groupe Partouche, casinos must “adapt or die”.
Editor, Jackpot.co.uk - 2007-01-05 11:22:54