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Belgium – Belgium’s casinos see growth of 30 per cent to ease passed pre-covid levels

By - 18 December 2023

Belgium’s land-based casinos made a spectacular comeback in 2022 with figures just released by the Games of Chance Commission revealing that revenues surpassed €1.45bn in 2022, up 23.9 per cent compared to 2021.

Land-based games accounted for €658.15m, marking an increase of 65.74 per cent whilst online games generated and €800.3m, up 2.59 per cent.

With regards to casinos, the report notes a renewed interest among players for physical establishments, after two years marked by the Covid 19 pandemic.

“Compared to 2021, offline gross gaming product (GRP) has more than doubled to reach a level similar to that before the start of the coronavirus pandemic,” it stated.

In total, the nine Belgian casinos achieved a GGR of €501.05m, up 30.01 per cent, to ‘an amount never reached’ before.

With the exception of Middelkerke, the other eight casinos achieved growth in their GGR in 2022, even exceeding the level established in 2019, before the health crisis. The Grand Casino Viaje in Brussels remains at the top of the ranking, with a GGR of €49.7m, up 124 per cent compared to 2021. It is followed by Namur, which presents a GGR of €17.28m, up 86.41 per cent. Ostend came third with €14.93m, up 132.26 per cent. Next came Knokke with €9.89m, up 101.59 per cent, Blankenberge with €8.6m, up 60.42 per cent and Dinant with €7.74m, up 80.74 per cen. The casino in Chaudfontaine, which saw its 2021 GGR strongly affected by major floods, generated €6.94m, up 784 per cent whilst Spa generated €4.05m, up 77.77 per cent. The only casino to generate a decline, Middelkerke, generated €3.28m, down 2.61 per cent.

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