French Society of Casinos:Optimization Strategy Playgrounds


The French Society of Free Casino Table believes that the completion of the renovation of the main Games Centre " Head in the Clouds " should allow the business to improve over the coming months.As already announced, the Gruissan casino will host a qualifying round of the famous "World Poker Tour" in November . The French Society of Casinos also benefits from regional exclusive event for three seasons.




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The company also continued to optimize its space strategy games with the installation of new and more attractive machines and actions targeted marketing and communication , particularly with the redesign of the site operations and the development of new partnership agreements.In the first half of fiscal year 2011-2012, the consolidated sales of French Society of Casinos emerged a slight increase of 0.9 % to 9.1 million euros (9 million in H1 of 2010-2011 fiscal year ) . EBITDA is a strong increase of 26.2 %. It stood at 662 kE (524 kE the first half of the previous year) , with a good control of operating expenses across all sites and the savings generated by the closure of the operating deficit of the center of Belle Epine .Operating profit amounted to 387 kE ( -1.26 kE H1 2010-2011 with a provision of 1.1 ME -related dispute with Atlantis ) .Net income amounted to 219 thousand, against a loss of -1.34 ME in 2010-2011.Shareholders' equity amounted to 15.19 ME April 30, 2012 , against 9.57 ME 30 April 2011 . This increase is related to the capital increase by conversion of debt to equity shareholders and bond occurred in late October 2011. Net debt reduced by half to 30 April 2011 . It stood at 5.63 ME April 30, 2012, net debt ratio of 37.1 %.

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