Despite strong competition in the field of gambling, the lottery has just recorded a new record low against the profit generated. This is the Loterie Romande has made this new performance with 192.6 million Swiss francs for the year 2009.
Loterie Romande is managed by a Swiss company established in its territory. Despite the financial crisis affecting many gambling establishments, the company has created a surprise with an increase of over 4% compared to 2008.
For information, Loterie Romande (Loro) offers a variety of scratch card games such as Astro, bingo or the Heads or Tails. But this is not his only business because it has the draw games such as Euromillions Lotto version or even Switzerland. Finally, they make available games sports betting and horse racing as the PMU or Sporttip.
Despite its positive results, the managers of the group in question are frightened by new laws that add more and more taxes and restrictions on the use of new technologies. Restrictions which will then, in a not too distant future, touch the turnover of the Loterie Romande.
It is good to know that the Loro suffered privations in place for gambling establishments but can not benefit fully established. As we have developed in a previous topic, the Swiss Government has significantly increased the number of slots than a casino (150 to 250 machines) and an increase in the number of jackpots possible.
The Loro explains this new record thanks to several factors. First, they put up attractive offers for new customers, which has increased the number of players, especially among Swiss youth. Second, significant costs have been placed in the technology sector, especially on the Internet. Finally, the costs of operations have been managed in a better way in an attempt to improve annual earnings.