{"id":277,"date":"2024-06-28T13:20:21","date_gmt":"2024-06-28T10:20:21","guid":{"rendered":"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/"},"modified":"2024-06-28T13:20:21","modified_gmt":"2024-06-28T10:20:21","slug":"patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year","status":"publish","type":"post","link":"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/","title":{"rendered":"Patoush Group Reports Record \u20ac636.7 Million GGR in 2021-22 Fiscal Year"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/LjX9IBVsdGc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Patoush Group revealed its complete financial results for the fiscal year concluding on October 31, 2022, showcasing total gaming revenue (GGR) of \u20ac636.7 million (\u00a3563.1 million\/$629.5 million).<\/p>\n<p>Patoush&#8217;s income for the 2021-22 fiscal year saw a substantial rise of 81.8% compared to the previous year, a significant jump from the \u20ac350.2 million GGR generated in the 2020-21 fiscal year.<\/p>\n<p>Slot machines were the primary contributor to Patoush&#8217;s GGR for the year, reaching \u20ac500 million, more than double the \u20ac224.6 million generated in the preceding year.<\/p>\n<p>Patoush&#8217;s non-electronic games accounted for \u20ac68.2 million of the total GGR, a slight increase from \u20ac61.4 million in the prior fiscal year, while electronic gaming GGR experienced a substantial surge of 131.8% to \u20ac68.4 million.<\/p>\n<p>No sports betting GGR was recorded for the year.<\/p>\n<p>After Patoush paid \u20ac331.1 million in gaming taxes\u2014a further increase from \u20ac134.2 million in the 2020-21 fiscal year\u2014net income for the year was \u20ac305.5 million, an increase of 41.5%.<\/p>\n<p>A total of \u20ac86.1 million in revenue\u2014excluding net gaming revenue\u2014along with a \u20ac2.8 million cost loss associated with the loyalty program, brought Patoush&#8217;s total consolidated revenue to \u20ac388.8 million. This represents a 52% increase from the \u20ac255.7 million recorded in 2021.<\/p>\n<p>Consolidated revenue also surpassed the total revenue for 2020, which was \u20ac343.5 million. However, this still represents a notable decrease from the pre-pandemic revenue of \u20ac410.8 million in 2019.<\/p>\n<p>Of this total turnover, \u20ac352 million. Patoush&#8217;s revenue for the 2021-22 fiscal year saw a significant increase of 81.8% year-on-year. <\/p>\n<p>Earnings from gambling activities reached \u20ac4 million, a rise of 69.6% compared to the previous year. Lodging facilities contributed \u20ac27.9 million to the overall earnings, while other operations generated \u20ac43.4 million.<\/p>\n<p>Operating earnings<br \/>\nIncome was influenced by a variety of expenses. The most significant was staff costs, totaling \u20ac168 million, a 61.2% increase year-on-year.<\/p>\n<p>Purchases and external expenditures decreased by 6.9% to \u20ac122 million. The third largest expense for the year was depreciation and impairment of fixed assets, at \u20ac51.5 million, up 4.7% year-on-year.<\/p>\n<p>Other expenses included membership fees and taxes, as well as other operational costs.<\/p>\n<p>This resulted in an operating profit of \u20ac23.1 million for the year, an increase of \u20ac69.5 million.<\/p>\n<p>Other non-current operating income amounted to \u20ac3.5 million, which, combined with the \u20ac14.1 million gain on the sale of a consolidated holding, brought total operating profit to \u20ac40.7 million, a rise of 86.2% year-on-year.<\/p>\n<p>Financial costs totaled \u20ac2.3 million, bringing pre-tax profit to \u20ac38.4 million, an increase of \u20ac87.7 million.<\/p>\n<p>After accounting for income tax of \u20ac0.5 million, value-added tax of \u20ac1.7 million and equity method adjustments of \u20ac0.1 million, total net profit for the year amounted to \u20ac37.1 million. This represents a year-on-year increase of \u20ac93 million.<\/p>\n<p>Sign up for the iGaming newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Patoush Group revealed its complete financial results for the fiscal year concluding on October 31, 2022, showcasing total gaming revenue (GGR) of \u20ac636.7 million (\u00a3563.1 million\/$629.5 million). Patoush&#8217;s income for the 2021-22 fiscal year saw a substantial rise of 81.8% compared to the previous year, a significant jump from the \u20ac350.2 million GGR generated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Patoush Group Reports Record Gaming Revenue<\/title>\n<meta name=\"description\" content=\"Patoush Group\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Patoush Group Reports Record \u20ac636.7 Million GGR in 2021-22 Fiscal Year\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Patoush Group\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Ahead of the Game with Our Licensed Online Casino News\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T10:20:21+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/\",\"url\":\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/\",\"name\":\"Patoush Group Reports Record Gaming Revenue\",\"isPartOf\":{\"@id\":\"https:\/\/freecashnodepositcasino.icu\/#website\"},\"datePublished\":\"2024-06-28T10:20:21+00:00\",\"dateModified\":\"2024-06-28T10:20:21+00:00\",\"author\":{\"@id\":\"https:\/\/freecashnodepositcasino.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Patoush Group\",\"breadcrumb\":{\"@id\":\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/freecashnodepositcasino.icu\/2024\/06\/28\/patoush-group-reports-record-e636-7-million-ggr-in-2021-22-fiscal-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/freecashnodepositcasino.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Patoush Group Reports Record \u20ac636.7 Million GGR in 2021-22 Fiscal Year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/freecashnodepositcasino.icu\/#website\",\"url\":\"https:\/\/freecashnodepositcasino.icu\/\",\"name\":\"Stay Ahead of the Game with Our Licensed Online Casino News\",\"description\":\"Stay informed and maximize your gambling experience with our fresh casino news, detailed reviews, and expert insights. 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