topics
tools
Expatica countries
Index Last Var.(%)
BEL 20 2270.63 -0.42
DAX 6788.8 0.59
IBEX 30 8902.1 0.60
CAC 40 3424.71 0.43
FTSE 100 5895.47 0.33
AEX 325.12 -0.06
DJIA 12890.46 0.05
Nasdaq 2927.23 0.39
FTSE MIB 16653.83 -0.09
TSX Composite 12497.94 -0.18
ASX 4333.3 -0.55
Hang seng 20903.68 -0.51
Straits Times 2982.16 0.03
ISEQ 20 503.71 0.33
You are here: Home News Belgian News Belgian casinos post record turnover of EUR 115m

Belgian News

archive
Enlarge font Decrease font Text size


18/08/2008Belgian casinos post record turnover of EUR 115m

The nine casinos in Belgium report an annual turnover of EUR 115 million in 2007, says financial daily De Tijd.

Related Articles

Gambling wave sweeps Belgium

18 August 2008

BELGIUM - The financial daily 'De Tijd' reports that 2007 was a record year for Belgium's nine casinos as annual turnover rose by EUR 15 million to EUR 115 million.

The rise in turnover continues the trend that started in 2004 when annual turnover at the country's casinos was just EUR 43 million.

The opening of a new casino in Brussels has been a major contributory factor to the big rise in turnover.

Marc Callu of the Gaming Commission told the paper that the figures prove that casinos can make money even under Belgium's strict gambling laws.

Callu added that the rise in turnover can by largely attributed to slot machines and increased interest in playing poker that has been fuelled by poker tournaments being held at Ostend (West Flanders), Spa (Liège province) and Namur (Namur province) casinos.

Just a few years ago, the country's casinos were in a precarious financial position.

The four casinos on the Flemish coast at Ostend, Knokke, Middelkerke and Blankenberge and their Walloon counterparts at Dinant, Namur (both Namur province) and Spa and Chaudfontaine (both Liège province) had a battle on their hands to stay out of the red.

Most of Belgium's nine casinos are owned by big international chains that have invested heavily in them in recent years.

[flandersnews.be / Expatica]

We invite you to contribute to this article by sending related photos or videos. You can either send them to photos@expatica.com or add them to our newly-created flickr group at http://www.flickr.com/people/expatica/. All contributed material will be credited accordingly.


0 reactions to this article

Be the first person to add a comment

General rating: Not rated yet

Rate article:    Add my rating


0 reactions to this article

Be the first person to add a comment
Discussion Forums

English in Belgium

ascent of language in belgium

Family in Belgium

Question about summer program/camp in Belgium

Healthcare in Belgium

How to find a good Physio and optometrist?

Jobs in Belgium

IFAs / FSIs / Country Managers / Confidential Introducers

Housing in Belgium

Flatmate Wanted as from mid February – SPACIOUS DUPLEX/PENTHOUSE

participate in the forums

Inside Expatica
Looking for work in Belgium

Looking for work in Belgium

This handy guide from Expertise in Labour Mobility includes how to write a CV, application procedure, interview dos and don'ts, Belgian management culture.

Practical, easy-to-use, free and... in English

Practical, easy-to-use, free and... in English

Belgium’s first alternative directory assistance services - available through the shortcode 14-14 - can now be accessed on the internet.

Finding a rental home in Belgium

Finding a rental home in Belgium

Moving to Belgium presents a host of challenges to expats, not least of all finding the right home.

Learning to cope with life abroad

Learning to cope with life abroad

The psychological effects of global mobility can be physically painful.