Ever Wonder How Much a Casino Makes
Filed in archive Casinos by jo on November 30, 2004
Its one of those questions that everybody loves to ask - and no-one really has an answer for.
But thanks to an investment prospectus recently published for 2 mid-sized Greek-based Casinos, we can finally get some good hard numbers
So in summary:Casino: Loutraki Casino, GreeceCasino Size: 70 tables, 700 slots
Staff: 1135
Customers: 900,000 in 2003. 400,000 in the first 6 months of 2004
Daily Customers: 2470 - 93% Greek
Daily Spend: 2.3 million euros
Daily Spend Per Person: 900 euros
Average Profit Per Customer Per Day: 180-200 euros
Total Profit Per Day: 540,000 euros
Operating Profits: 29.4 million euros first half 2004
Net Profits: 15.3 million euros
Government Tax: 12.5 euros for each customer
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